Baltic Dry Index Falls 1.13% to 1,656 in London
•Capesize +0.11% to $24,612
•Panamax -2.77% to $11,529
•Supramax 58k tons -3.0% to $10,854
•Handysize -1.14% to $8,169

@BudFox

Freight futures for dry bulk reflect the future expected price of freight for a specific vessel size over a predetermined period. The contracts are monthly contracts and reflect the average price of spot freight over a month.

Breakwave Advisors – The Atlantic market will lead the way once again – We believe the annual seasonality in dry bulk demand originates in the Atlantic basin, and thus we expect rates to start improving in that region over the next few weeks. Historically, the rates for transatlantic business have exhibited the highest degree of seasonality, and at the time of writing, it seems there is some momentum building on that side of the market. Furthermore, although Vale’s updated annual guidance reduced expectations for iron ore trade in the fourth quarter, it still represents an improvement over Q3 volumes. Overall, demand for iron ore transportation is healthy, and it is the supply of ships that can potentially create a vacuum that will allow rates to advance.

@mitkko

hvala na pojašnjenju

Breakwave Advisors – It all comes down to scheduling – As we approach the middle of the fourth quarter, the Capesize market’s volatility has subsided somewhat, leaving into question a sharp rise in rates. However, as it is always the case, it is difficult to predict a short-term imbalance between demand and supply. One can only look at the prevailing conditions and make an assessment regarding the probability that such an imbalance will develop. With a large number of ships out of active service due to scrubber installations and with lots of cargo still to be moved, we view such probability higher than otherwise would have been the case. In addition, we expect such trend to spill over into next year, which in turn could potentially prop up the first quarter’s freight market that historically has experienced the lowest rates at any given year.

The Index is the arithmetic average of all daily spot price assessments for “Panamax Dry Bulk Time Charter Freight Basket Routes (Avg. 4 routes)” of the respective month as published by Baltic Exchange.

U prijevodu, ekipa se kladi koja će biti prosječna cijena vozarina za taj mjesec. Možeš se kladiti za bilo koji mjesec u budućnosti. Kako se mjesec bliži kraju, futuresi za taj mjesec konvergiraju ka stvarnoj prosječnoj cijeni na spot tržištu.

China to place ‘greater importance to imports’

The uptick may follow the trade optimism after the a keynote speech given by Xi Jinping, President of China at the Shanghai Expo on Tuesday morning.

Xi pledged that China will give ‘greater importance to imports’, through the removing of tariffs and institutional transaction costs.

Market participants interpreted the Chinese leader’s gesture of having more open trade agreements and expects a positive outcome for the “Phrase one” trade deal between the US and China to go through later this month.

“Seanergy expects elevated charter rates
Greece-based capesize owner Seanergy expects to see elevated charter rates because of a continued recovery in iron ore from Brazil, combined with lower fleet availability as vessels are taken out for scrubber installations”

Seaborne thermal coal trade to hit 1 bil mt in 2019 as new growth areas emerge

“S&P Global Platts Analytics has forecast the seaborne trade for thermal coal for 2019 at 994 million mt and for 2020 at 1.015 billion mt.”

https://www.spglobal.com/platts/en/market-insights/latest-news/coal/110619-seaborne-thermal-coal-trade-to-hit-1-bil-mt-in-2019-as-new-growth-areas-emerge?

Baltic Dry Index Falls 7.43% to 1,533 in London
•Capesize -9.73% to $22,217
•Panamax -3.5% to $11,125
•Supramax 58k tons -4.58% to $10,357
•Handysize -1.3% to $8,063

Ništa posebno, Bpi pao 3,5 %, kao što je znao i inače.
Lijepo su neki navukli ljude na jeftinu prodaju!

žestok pad..biće sutra valjda bolje? ili neće?