Welcome To Our Weekly Insights Review
Read here everything you need to know
Dry Bulk Spot Rate Volatility Points to Ongoing Positional Imbalances Amidst Solid Volumes – After bottoming in the high-teens, the Capesize Spot Index posted a solid recovery, pushing freight rates back towards the high-20,000 level, in line with where the futures market has been trading for weeks now.
Baltic Indices Commenced The Current Trading Week With A Quest For Direction
Doric Weekly Market Insight
The cumulative volume of China's steel exports in the first four months of the year reached the highest level for the same period since 2016. This follows a strong performance in the January-March period, during which total exports hit an eight-year high.
Asset Price Ambiguity
Gibson Tanker Market Report
VLCC asset prices appear to be caught in a paradoxical market scenario.
Read More
Metals Gain As China Looks To Boost Stimulus Measures
Commodities Wrap
Supply side issues were the focus for energy and metals markets. The prospect of stimulus measures in China boosted sentiment across sectors.
USAC Gasoline Demand Looking Better Than Margins Are Suggesting
Vortexa Freight Weekly
Global gasoline margins have weakened recently despite moving closer toward driving/gasoline season. We look at the recent downturn and what it means in the context of the changing refining dynamics in the Atlantic Basin.
Iron Ore Was One Of The Session Losers
The Fix - Global Market Update
The Baltic Dry Index declined for a fourth consecutive session on Tuesday, with all segments contributing to the headwinds amid generally softer demand. For the commodities, red dominated yesterday’s trading screens.
Panamax Market Insights
Signal Ocean - Dry Weekly Market Monitor
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.
Read More
China’s Weakened Crude Oil
Vortexa Freight Weekly
This week, in the East, we discuss falling VLCC utilisation to China and record-high LR2 global tonne-miles in April.
Oil Gains Amid Signs Of Stronger Demand
Commodities Wrap
A risk-on tone across markets was sparked by signs of falling inflation and a weaker USD. Renewed supply side issues also supported the gains.
Even More Global Grain Exports Expected
From Commodore's Weekly Dry Bulk Reports
As we discussed in Commodore Research's most recent Weekly Dry Bulk Report (published before the start of every week), the United States Department of Agriculture (USDA) has released their first grain export forecast...
Read More
Oil Gains As Market Contemplates OPEC's Next Move
Commodities Wrap
Investor sentiment remained buoyed by the prospect of easing US monetary policy. Ongoing supply side issues in energy and metal markets also added support.
VLCC AG-China Tonne Days
Signal Ocean - Tanker Weekly Market Monitor
At the end of the second week of May, the demand growth for dirty tonne-days continues to challenge the solid improvement in market prices, particularly on the VLCC MEG-China route.