Freight & Commodity Podcast Ep. 85 26/1/22

Click Below to Listen: Website – https://tinyurl.com/bdd6wnya   Spotify – https://open.spotify.com/episode/4V44Le0dW83PVkVPb7ZvnQ?si=jbd8kFddTtGceE7TTi7Pag&nd=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-85-26-1-22/id1507094242?i=1000549055568 For more information please contact: news@freightinvestor.com London +44 (0) 20 7090 1120  

Daily Capesize Review 25/1/22

Capesize freight rates extended losses over sluggish demand and vessel oversupply, though some demand improvement was seen in the Pacific market. The Capesize 5 time charter average, then fell by $755 day-on-day to $6,180 on Tuesday, due to the thin shipping activities. The Baltic Dry Index (BDI) also dipped by $48, down 3.45% day-on-day, to …

A Room with a Technical View 25/1/22

Capes February futures- As noted last week the bear trend remains stable with the engulfing pattern signalling a potential short-term upside move, key resistance was at USD 14,750. The upside move failed to hold with the Futures trading to a low of USD 10,500, bringing fractal resistance down to USD 14,750, above this level the …

Daily Capesize Review 24/1/22

Capesize freight rates continued to drop on thin liquidity, amid the vessel oversupply and low seasonal demand market. The Capesize 5 time charter average, then fell by $455 day-on-day to $6,935 on Monday, due to the limited shipping activities. The Baltic Dry Index (BDI) also dipped by $24, down 1.70% day-on-day, to $1,391, due to …