Loading posts...
  • FIS Technical – Supramax

    Little changed on the index from last week. Technically bullish but price action is neutral and between the shorter period EMAs. Last week the June futures were considered technically bearish but not a technical sell due to the market divergence. Price rallied, held at the USD 11,410 resistance and is once again testing the lows.…

  • SIOW: China’s steel output set to rise by 4.3% in 2018

    JP Morgan has upgraded China’s steel production forecast to 866 million tonnes in 2018, up 4.3% from its previous estimate. Luis Oganes, the Head of Commodities and Emerging Market Research from JP Morgan announced this estimate in the Singapore Iron Ore week Forum 2018 on Thursday, 24 May 2018.

  • FIS Technical – Panamax

    FIS Technical – Panamax The Panamax index is now below Fibonacci support and testing the USD 9,856 level. Technically bearish below USD 10,006. The June futures remain technically bearish and continues to make fresh marker lows.  The most recent pullback was less aggressive indicating that price action is pointing to an increase in downside momentum…

  • FIS Technical – Capesize

    The Capesize index has broken support and is now in a corrective phase having made a fresh market low. Downside momentum is showing signs of slowing as we approach the technical support zone. Remains corrective below USD 20,801 unless the index produces a lower high. The June futures have now made a lower low and…

  • Capesize market jittery over force majeure in Guinea

    The Capesize market was hard hit after force majeure was declared in Guinea this week. The declaration had increased the supply of vessels across the Asia-Pacific and Atlantic basins, thus bringing down Capesize freight rates in the process.

  • Join FIS for a Focus Session on Freight Trading during Singapore Iron Ore Week

    Join FIS Managing Director John Banaszkiewicz for a Singapore Iron Ore Week Focus Session on Wednesday 23rd May at 15:00. John and his panel will focus in on recent developments in freight as well as best practices for managing risk when trading ferrous commodities. John will be joined by a panel of experts including: Damon…

  • The hidden factors impacting the iron ore market

    In the period since Chinese New Year, trade in seaborne iron ore concentrates has almost doubled each day and port stocks of high quality ores have picked up, driven by Rio Tinto.

  • FIS FFA Roundtable Lunch

    Join us for a forum designed to give a clear, concise and independent review of the dry bulk market. Hear from respected Global Freight Analyst Peter Norfolk and two of the largest users of both physical and financial FFAs: Cargill and Bocimar. Topics will range from price data, physical fleet supply and demand, contract liquidity,…

  • Air Cargo FFAs and index-linked airfreight are cleared for take-off, says FIS

    Freight Investor Services, the global leader in freight and commodity derivatives, is bringing its expertise in financial risk management to the air freight market with the launch of Air Cargo FFAs.

  • Dry Bulk FFA: Freight market turns the corner

    The Baltic Dry index (BDI) escaped its shadow to post an uptick this week, with improvement seen in the Capesize market as well as support drawn from the consistently-performing Panamax market.