Baltic Dry Index Falls 0.78% to 1,654
Capesize -1.84% to $23,733
Panamax +0.8% to $11,176
Supramax 58k tons +0.62% to $10,978
Handysize +0.53% to $8,607
Baltic Dry Index Falls 0.78% to 1,654
Capesize -1.84% to $23,733
Panamax +0.8% to $11,176
Supramax 58k tons +0.62% to $10,978
Handysize +0.53% to $8,607
China Is on a Building Binge, and Metal Prices Are Surging
The Chinese government unleashed a program of enormous fiscal stimulus aimed at building bridges, roads, utilities, broadband and railroads across the country.
Baltic Dry Index Rises 3.86% to 1,667
Capesize +5.85% to $24,178
Panamax +1.61% to $11,087
Supramax 58k tons +0.93% to $10,910
Handysize +1.16% to $8,562
Today comes the break of strong resistance in the BDI chart (from the peaks in August this year, December in 2019 and October 2018), and we get a confirmation of a W formation (and double bottom if you will). You see the potential yourself.
Baltic Capesize-indeks er opp 5,9 prosent til 24.178 dollar pr dag, ifølge The Baltic Exchange.
All dry markets are facing the the lowest orderbook in decades, relative to the trading fleet.
FFA Tone: Capes very firm as spot index comes in +23% to 22,841 +4249 and nearby Oct tradesup to 25250 (+7%) before pulling back on some profit taking. Panamax early buying met bysome pressure leaving us unchanged from last nights close.
Kineski realni GDP i vodeći ekonomski indeks Kine
Baltic Capesize-indeks er opp 22,9 prosent til 22.841 dollar
Shanghai shipping index Cape / Pmax / Supra: + 11,17 / + 1,05 / + 1,33 %
Smaller sizes (Panamax, Supramax) have yet to break out of their recent ranges, as spot rates are struggling to follow the dynamics of the larger ships, although indices remain in an upward trajectory as well.
https://www.breakwaveadvisors.com/insights/2020/…-for-first-time
FFA Tone: Capes again pushing with nearby Oct now +10% trading at first key resistance of 22k powered by firmer physical in both basins. Panamax and smax both traded lower early but stabilized on back of Cape strength…good volume throughout
Cape + 7,9% / 18.592 USD
FFA Tone: Capes better this morning with nearby Oct trading +5% printing as high as 20750.
Spot currently 17k and most traders feel next stop 22k (which also where current resistance stands). Panamax
weaker and once again testing the 12k supports on nearby Oct and q4
BDI + 3,81% 1364
Baltic Capesize-indeks + 7,1 prosent til 17.229 dollar
A zasto nam je zanimljiv capesize index ovdje ?
Svi znamo da atpl nema Cape brodove, ali Capeovi uvijek prvi krenu rast i određuju smjer cijelog sektora.
Baltic Capesize-indeks + 7,1 prosent til 17.229 dollar
Southeast Asian dry bulk shipments driving growth
Braemar ACM expects Southeast Asian coal imports to reach 175m tonnes by 2024, which marks a 40% increase on 2019. The brokerage sees continued growth in demand from this part of the world
https://lloydslist.maritimeintelligence.informa.com/LL1133946/Sout…-driving-growth