Tag archives: DF

Daily DCE Review 20/7/21

Iron ore futures closed higher on Tuesday, recovering from the slump yesterday, due to the extended supply tightness situation. The futures of Dalian Commodity Exchange (DCE) for September delivery then went up slightly by 0.28% day-on-day or RMB 3.50 to RMB 1,233/mt during the day trading session on Tuesday. The rebar futures, however inched down …

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Daily Capesize Review 19/7/21

Capesize freight rates rebounded from losses amid a short week with holiday in Singapore and market concerns over cyclone development off China. The Capesize 5 time charter average, then rose by $597 day-on-day to $29,139 on Monday, after some improvement in the physical market. The Baltic Dry Index (BDI) then increased by 0.66% day-on-day, up …

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Daily Capesize Review 16/7/21

Capesize freight rates continued to inch downward, despite some improvement seen in the physical market. The Capesize 5 time charter average, then fell by $152 day-on-day to $28,542 on Friday, after much selling pressure during the session. The Baltic Dry Index (BDI) then dropped by 1.11% day-on-day, down 34 points to 3,039 readings, due to …

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Daily Capesize Review 15/7/21

Capesize freight rates continued to spiral downward, despite a move up supported by the improving physical market. The Capesize 5 time charter average, then fell by $434 day-on-day to $28,694 on Thursday, after a choppy trading session. The Baltic Dry Index (BDI) then dropped by 2.10% day-on-day, down 66 points to 3,073 readings, due to …

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