Tag archives: DF

A Room with a Technical View 01/03/22

  Capesize March Futures – We highlighted last week that USD 21,382 was the key resistance to follow as price remained vulnerable below this level. The futures traded to a high of USD 21,250 before entering a corrective phase. The move lower was driven be outside events after Russia invaded the Ukraine, resulting in the …

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Daily Capesize Review 25/2/22

Capesize freight rates came under pressure, amid limited trading activities and market uncertainty over the Russia-Ukraine conflict. The Capesize 5 time charter average, then fell by $1,595 day-on-day to $16,589 on Friday, after a sluggish session. The Baltic Dry Index (BDI) also fell by $57 day-on-day, or down 2.54% day-on-day, to $2,187, due to softening …

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