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Capesize Following the UK Bank holiday, Tuesday marked a strong start for the Capesize market with rising rates in both the Pacific and Atlantic regions, driven by increased miner activity and healthy cargo volumes particularly in the Pacific. The C5 index moved up by $0.84 to $11.650. There were significant gains in the North Atlantic ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-posts-strong-bounce-this-week/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-posts-strong-bounce-this-week/Iron ore futures prices strengthened on Monday, as news of more bond issuance by Chinese authorities to spur economic growth outweighed the impact of weaker-than-expected credit data in the top consumer. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) shrugged off earlier losses and ended daytime trading 2.42% higher at 888 ...
https://www.hellenicshippingnews.com/iron-ore-climbs-as-bond-issuance-stimulus-offsets-weak-china-data-impact/
https://www.hellenicshippingnews.com/iron-ore-climbs-as-bond-issuance-stimulus-offsets-weak-china-data-impact/China’s imports of major commodities for April show the impact of price trends, with strength where prices were trending down and weakness where prices were moving higher. The temptation for market observers is to view China’s commodity imports through the prism of how the world’s second-biggest economy is performing, but it increasingly appears that price ...
https://www.hellenicshippingnews.com/chinas-commodity-imports-show-prices-beat-economic-narrative/
https://www.hellenicshippingnews.com/chinas-commodity-imports-show-prices-beat-economic-narrative/The Baltic Exchange’s main sea freight index fell for the third consecutive session on Monday, weighed down by lower capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped 63 points, or 2.96%, to 2,066. The capesize index slipped 184 points, or 5.59%, to 3,108. ...
https://www.hellenicshippingnews.com/baltic-index-extends-losses-as-larger-vessel-rates-dip/
https://www.hellenicshippingnews.com/baltic-index-extends-losses-as-larger-vessel-rates-dip/Coal imports for blending purposes witnessed a decline of 32% in FY24 at 23.92 million tonnes (MT) compared to 35.10 MT in FY23, an official data showed. The decline can be attributed to the increase in the production of domestic coal which touched 997.4 MT last fiscal, up 11.67% from the previous year. Central sector ...
https://www.hellenicshippingnews.com/india-coal-imports-for-blending-by-domestic-power-plants-down-32-in-fy24/
https://www.hellenicshippingnews.com/india-coal-imports-for-blending-by-domestic-power-plants-down-32-in-fy24/The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities slipped to a more than one-week low on Tuesday, pressured by weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped 73 points, or 3.53%, to 1,993, its ...
https://www.hellenicshippingnews.com/baltic-index-hits-more-than-one-week-low-on-weaker-vessel-rates/
https://www.hellenicshippingnews.com/baltic-index-hits-more-than-one-week-low-on-weaker-vessel-rates/Iron ore prices extended declines into a second straight session on Wednesday, dragged down by expectations of seasonally falling demand in top consumer China and U.S. tariff hikes on some Chinese products. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 1.55% lower at 858 yuan ($118.78) a ...
https://www.hellenicshippingnews.com/iron-ore-slides-as-prospects-of-softening-demand-bidens-new-china-tariff-weigh/
https://www.hellenicshippingnews.com/iron-ore-slides-as-prospects-of-softening-demand-bidens-new-china-tariff-weigh/“Global soya bean exports are forecast to grow by 8% between 2023 and 2025 based on data from the United States Department of Agriculture (USDA). Stronger import demand from China will be met by larger harvests in the US and Brazil and in the near term, soya beans are expected to be a key growth ...
https://www.hellenicshippingnews.com/global-soya-bean-exports-expected-to-grow-8-until-2025/
https://www.hellenicshippingnews.com/global-soya-bean-exports-expected-to-grow-8-until-2025/Building on our Capesize Market Insights from the end of April, this week we are monitoring Panamax vessel count of ballasters in the ECSA region versus Baltic rates. The month of May presents challenges for the Capesize freight market prices, as uncertainties loom over Chinese macroeconomic fundamentals, potentially impacting future growth and demand. As China ...
https://www.hellenicshippingnews.com/dry-bulk-market-panamax-market-insights-p6_82-route-supply/
https://www.hellenicshippingnews.com/dry-bulk-market-panamax-market-insights-p6_82-route-supply/The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Wednesday dragged by weaker rates across all segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 104 points, or 5.22%, to 1,889, its highest single-day ...
https://www.hellenicshippingnews.com/baltic-index-slips-for-5th-straight-day-on-weaker-vessel-rates/
https://www.hellenicshippingnews.com/baltic-index-slips-for-5th-straight-day-on-weaker-vessel-rates/