FIS Castaway Podcast – Episode 62 – Base Metals Special 07/07/21

    FIS Castaway Podcast – Episode 62 – Base Metals Special   This week is all about that base. Nick McClements talks about the base metal market after we explore the freight, iron ore and freight markets.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-62/   Spotify https://open.spotify.com/episode/4P2aKjAvILf6mZgg5mVnCB?si=DnG88hz7TUieXD00SIp1eA&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-62-base-metals-special/id1507094242?i=1000528109462       Disclaimer: This podcast …

Daily Capesize Review 6/7/21

Capesize freight rates dipped lower in the oversupplied market, despite some comeback during the trading session. The Capesize 5 time charter average, then dropped down by $464 day-on-day to $27,309 on Tuesday, due to selling pressure during the session. The Baltic Dry Index (BDI) also slipped by 1.40% day-on-day, down 45 points to 3,179 readings, …

Daily Capesize Review 5/7/21

Capesize freight rates continued to lose ground on thin trading activities amid sluggish shipping demand. The Capesize 5 time charter average, then plunged down by $1,333 day-on-day to $27,773 on Monday, after selloff session. The Baltic Dry Index (BDI) also dropped by 1.86% day-on-day, down 61 points to 3,224 readings, due to the weakening freight …

Daily Capesize Review 2/7/21

Capesize freight rates continued to dip after a market pullback from limited activities in the physical market. The Capesize 5 time charter average, then nosedived down by $1,494 day-on-day to $29,106 on Friday, after a choppy market. The Baltic Dry Index (BDI) also fell by 1.59% day-on-day, down 53 points to 3,285 readings, following the …