DRY BULK

At ~10,000, the premium of the front quarter Capesize futures contract (Q3) over the spot index is the highest it has been in at least 3.5 years (and possibly more). Either something is brewing in the spot market, or futures traders are set for a rude awakening.

Quote from gigic23

Malo jakog odbijanca na IO

Nastavlja se ......

https://finance.yahoo.com/quotes/gogl%2C…%2Cgnk/view/v1/

https://www.braemarscreen.com

Rezime dana kaze 🟢🟢🟢🟢. Ovaj tjedan bi mogla pasti kota 400.

Sta prije kraja kvartala? Hm, onda u 7. Mjesecu i dalje samo 💪💪💪

Naravno. Treba dzebeleza. I cijena raste.

Decki, Kinezi, dragi drugovi, jbg...

Cijena raste. I narast ce jos. Prvo ce biti 300 usd. A onda nakon toga vise nisam siguran da ce uopce biti na 3 znamenke.

Huge session overnight for #ironore + 10.3% to US$209.10 a tonne.

Di je onaj ronioc migra kad mi trebaju ovakve stvari za laku noc?

The recent strong growth in demand for Panamax and Supramax ships has largely been driven by agricultural goods, with record exports and imports being registered across the world. Chinese imports of agricultural goods have risen strongly, with coarse grain and wheat up by 155.2% in the first four months of the year – a total of 19.1 million tonnes, compared with last year’s figure of just 7.5m tonnes. China has upped its purchase of grains, not only to feed its growing pig herd but also to build up a stockpile in response to the vulnerabilities revealed over the past year. https://www.hellenicshippingnews.com/dry-bulk-shipp…o-decade-highs/

Baltic #Capesize index -5,2 % to $23731

Brazil/China -5% to $23k/d

Jul FFA -11% to $32k/d

Aug FFA -9% to $32k/d

Route Description Size Value ($) Change

BCI 5 T/C routes 180000 23731 -1301

BPI 5 T/C routes 82500 25693 481

BSI 10 T/C routes 58328 27012 7

BHSI 7 T/C routes 38200 24083 -14

BDI INDEX 2530 -38

Quote from jasko

Route Description Size Value ($) Change

BCI 5 T/C routes 180000 23731 -1301

BPI 5 T/C routes 82500 25693 481

BSI 10 T/C routes 58328 27012 7

BHSI 7 T/C routes 38200 24083 -14

BDI INDEX 2530 -38

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Panamax 4 T/C + 2% 24357

Bulker: Older Supramax values have firmed.

Panamax Soroco (78,900 DWT, Mar 2008, Sanoyas) sold for USD 15.50 mil, VV value USD 15.89 mil.

Supramax Orange Island (50,800 DWT, Feb 2010, Oshima) sold to Chinese buyers for USD 13.50 mil, VV value USD 14.17 mil.

Handy Bulker Sider Syros (36,800 DWT, Nov 2016, Minami Nippon) sold to Xiamen Shipbuilding Ind for USD 20.50 mil, VV value USD 20.79 mil.

Handy Bulker New General (35,000 DWT, Sep 2011, Shikoku Dockyard) sold for USD 13.60 mil, VV value USD 13.57 mil.

Handy Bulker Cherry Island (28,200 DWT, Feb 2014, I-S) sold for USD 11.00 mil, VV value USD 12.39 mil – SS/DD Due.

Dry Bulk Correction Underway. Where Is The Bottom? https://www.breakwaveadvisors.com/insights/2021/…4onzv496l56gstx

https://alibrashipping.com/data/

Ma kakva korekcija. Samo kejpovi. Sve ostalo siba full gas.

A positive day for Supramax paper with rates pushing across
the curve, encouraged by a positive index. June was the main
mover, pushing $750 through the day to $27000 high. Q3 and
Q4 pushed to respective highs $25350 and $21000. Cal22
ticked up through the day to $15500.

Chinese policy, strikes, port delays and expectations for higher iron ore exports out of Brazil makes short-term predictions tough for dry bulk, but as key global economies recover from lockdown conditions, strong demand for dry bulk commodities will likely translate into higher earnings. The first four months of the year had record-breaking volumes, with demand reaching 1.69bn tonnes, an increase of 6.1% compared with the year-earlier period. That is the highest-ever start to a year, although it is slightly lower than the 1.72bn tonnes shipped in the final four months of 2020. https://lloydslist.maritimeintelligence.informa.com/LL1136985/Week…hold-back-rates