Baltic Capesize-indeks + 3,0 prosent til 19.437 dollar pr dag

Tanker Market Earnings https://www.nat.bm/wp-content/upl…ates-210319.pdf

Za sve one koji nisu poslušali

Far East Dry Bulk Index https://en.sse.net.cn/indices/fdinew2.jsp

April contracts for panamax bulkers have settled at over $28,000 per day as physical market hits highest level in 11 years https://www.tradewindsnews.com/bulkers/dry-fr…e-up/2-1-982575

New iron-ore port could boost Vale’s expansion plan

Global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets.Despite the covid-19 pandemic, China has imported a record amount of iron ore, pushing the metal price high. Tight supplies helped lift the most-active futures contract for 62% iron-ore fines delivered to China to $174.94 per metric ton on March 4, the highest settlement since August 2011.Global total imports amounted to 1,170 million tonnes in 2020, 9.3% higher than in 2019. Total imports to China exceeded 73% of the world total shipped. As China shut down many small and low-quality iron ore mines and continues to raise its bar on ore quality to match its environmental standards, Brazil, Australia, and India will be major sources of the net increase in production, Fastmarkets reports. A project for a dedicated iron ore port with a capacity of up to 560 million tonnes per year is advancing in the north of BrazilVale is still looking to return to a capacity of 400 million tonnes. https://markets.businessinsider.com/commodities/ne…on-plan-9931662

It’s Not Supposed To Be Happening, But Coal Prices Are Rising

Coal, the commodity that no-one wants to talk about, is staging a comeback as investment banks warm to the profits from improving prices and a new mine in Australia, being built to meet Indian demand, is nearing completion.

https://www.forbes.com/sites/timtread…16161324139152&

China’s soybean demand seen steady on strong hog herd recovery from ASF

China’s soybean demand is seen steady on strong hog herd recovery from the African swine fever epidemic, market sources told S&P Global Platts March 18.

With the hog herd recovery on a swifter-than-expected curve, China’s soybean demand has also been projected to hit record highs.

According to S&P Global Platts Analytics, the world’s largest soybean purchaser is expected to import all-time high volumes of the oilseed in 2020-21 and 2021-22 marketing years (October-September) at 100 million mt and 110 million mt, respectively.

https://www.hellenicshippingnews.com/chinas-soybean…overy-from-asf/

It was all hands on deck again today on Panamax paper with the

market springing into action early on as some sharp overnight

fixtures in both basins saw buyers scrambling for coverage. This

saw rates chased up sharply and relentlessly through most of

the day. Mar and Q2 peaked at highs of $22000 and $26500

respectively while Q3 broke $20k resistance ton print $20500

and Q4 tested but was unable to break $18k resistance. Further

out the Cal22 and Cal23 spread widened to $1750 with Cal22

trading up to $13750 and Cal23 $12000.

Supramax paper pushed through the morning session

following panamax, in relatively small volume. April and Q2

traded to respective highs of $25000 and $22100. Post-index

we retraced most of the morning’s gains, with April and Q2

slipping to $24000 and $21750. The deferred periods

continue to push, with Cal22 and Cal23 printing $12500 and

$11450 respectively. We close marginally up on the day, with

offers at last done on the prompt. Have a nice evening.

Next week's U.S. corn export sales report is shaping up to be one of the larger ones on record with China already above 3 million tonnes on old crop for the week. That would not top Jan. 28's high of 7.5 mmt old+new crop, but it would certainly stand out versus history.

I wonder if they will find enough ships........

USDA confirms the sale of 696,000 tonnes of U.S. corn for delivery to China in 2020/21. That brings the three-day flash total to China to 3.08 million tonnes (121 million bushels).

Evo opleli malo po ulpl i jdpl.

In 30 minutes we will go live with the highly topical question: what is up with the drybulk market?! With us is BIMCO PS
and Simon Ward of Ursa Shipbrokers. Join us on Youtube! https://t.co/GnYBVl7LOM?amp=1

Freight futures am update
Capesize up ~9%
Panamax up ~9%

Baltic Capesize index +5% to $18,873
Brazil/China +13% to $17,705

Apr FFA +10% to $25,000
May FFA +8% to $25,125

Dry bulk FFA prices rocket https://splash247.com/dry-bulk-ffa-prices-rocket/

Panamaxes FFAs scratching 27k for Apr...would make it the strongest month for this market since Jun 2010.                                                                                                                                                                                        

Panamax May FFA > $25k

Vani su se opet raspištoljili.... https://finviz.com/screener.ashx?…pping&o=-change

Trebali bi uskoro stići kontejneraše po vozarinama i po vrijednosti broda. Živi bili, pa vidjeli....... https://www.tradewindsnews.com/containerships…-day/2-1-981796