FIS CASTAWAY – EPISODE 41 09/02/21

FIS Castaway Podcast – Episode 41 Iron Ore and Ferts have had a rollercoaster of a week, while Capes continue their slide, listen to all the analysis pre-CNY on this week’s podcast. Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-41-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/5p3c4UheEQnZMSj0cFrB5V?si=tYDFY3PuR3azZFpMZgf_wA   And Itunes  https://podcasts.apple.com/gb/podcast/episode-41/id1507094242?i=1000508307023  

Oil Morning Report 09/02/2021

Brent crude futures for April gained 48 cents, or 0.8%, to $61.04 a barrel by 0443 GMT and pushing up to $61.25 by 0600GMT. U.S. West Texas Intermediate crude (WTI) for March was at $58.42 a barrel, up 45 cents, or 0.8%. Both Brent and WTI are at their highest since January 2020. Front-month prices …

Daily Capesize Review 8/2/21

Capesize freight rates continued to slide downward on market inactivity with the absence of Chinese trade participants on holidays celebration. The Capesize 5 time charter average then dropped by $605 day-on-day to $12,057 on Monday, on thin market activities at the start of the week. The Baltic Dry Index (BDI) followed the downtrend and dipped …

FIS Fuel Oil Morning Report 08/02/2021

Brent crude for April touched an intraday high of $60.06 a barrel, the highest since January last year. The front-month contract was at $59.98 by 0537 GMT, up 64 cents, or 1.1%. U.S. West Texas Intermediate crude futures for March advanced 65 cents, or 1.1%, to $57.50 a barrel, the highest since January last year. …

Daily Capesize Review 5/2/21

Capesize freight rates remained under pressure as Chinese trade participants prepared for Lunar New Year celebrations. The Capesize 5 time charter average then dipped slightly by $110 day-on-day to $12,662 on Friday, due to thin market activities. The Baltic Dry Index (BDI), however rose slightly by 0.45% or 6 points to 1,333 readings, due to …