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Doric Weekly Market Insight

“With the Brazilian soybean's solid global demand and favorable competitiveness due to the strong US dollar, Refinitiv forecasts 2022/23 Brazilian soybean exports at 92.8 million tonnes, considerably higher year-on-year.”
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Breakwave Bi-Weekly Dry Bulk Report - April 11, 2023

Entering Q2 on a high note – With spot Capesize rates some 6,000 above the level at the same time last year, the outlook seems promising.
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Shipfix - Global Market Update

Macro/Geopolitics, Commodity Markets, Freight and Bunker Markets

Yesterday, the International Monetary Fund shaved off 0.1 per cent from its projection for the year’s economic growth.
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Oil Steady As Investors Weigh Supply Issues Against Weaker Demand

Precious metals came under pressure as prospects of another rate hike increased

There was mixed sentiment in markets with focus shifting towards one more rate hike following the release of strong labour market data on Friday.
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Steel Production Now Likely Exceeding Demand In China

Steel production in China has continued to exceed almost all expectations

Recent weeks have seen Chinese steel production climb even higher, with last month ending with production at the highest level since June.
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Coal India Stockpiles and the Nation's Power Plant Stockpiles Each Continue to Grow

Month-on-month and and year-on-year increase

As we discussed in our most recent Weekly Dry Bulk Report, Coal India produced approximately 83.5 million tons of coal last month.
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