Tag archives: DF

Daily Capesize Review 22/3/22

Capesize freight rates fell further on the weak physical market outlook, as poor weather and stringent covid check in Chinese ports slowed shipping activities. The Capesize 5 time charter average, then dropped by $2,440 day-on-day to $18,041 on Tuesday, after market selloff sessions. The Baltic Dry Index (BDI) also decreased by $43 day-on-day, or down …

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A Room with a Technical View 21/03/22

Capesize April Futures – The futures continue to hold in a bullish trending environment, but price is in a corrective phase. Downside moves on the daily technical that hold at or above USD 21,232 will support a bull argument, below this level the futures will have a neutral bias.  The RSI is above 50, supporting …

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Daily DCE Review 18/03/22

Iron ore futures ended the week on gains, despite market concerns over the strict lockdown measures and impact on steel demand. The futures of Dalian Commodity Exchange (DCE) for May delivery rose by 3.54% day-on-day or up RMB 28.50 to RMB 833.50/mt, during the day trading session on Friday. The rebar futures also increased by …

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