Unpredictable and volatile is the life of a shipowner. Five weeks ago the Panamax index was at USD 4,054, the US and China were trading insults over the origin of the COVID-19 pandemic leaving the phase 1 trade deal to exist on paper only. The index is now 138% higher at USD 9,661, China …
Tag archives: PM
Capesize & Panamax FFA Daily Report
Panamax July 20 Morning Technical Comment – 240 Min
Capesize & Panamax FFA Daily Report
Pmx Q4 20
Capesize & Panamax FFA Daily Report
ShipShape: The Long and Winding Road
It is one of the best-known Beatles songs from their final studio album Let It Be, but it also encapsulates perfectly the challenge many commodity markets face as they begin to recover from the enormous disruption of Coronavirus. The pandemic has impacted every metric you can think of: quantitative easing, government debt, unemployment, share …
FIS Panamax Technical Report
FIS Panamax Technical Report The index is technically bullish having broken last weeks Fractal resistance. Near-term upside target is USD 9,601 with further resistance up to USD 11,315. Downside moves remain technically bullish above USD 6,934 and neutral below. To view the full report please click on the link
