Signal’s Post

Dry Bulk Chart of the Week: Brazilian iron ore flows to China March brought firmness in freight rates across vessel sizes, notably with increases in the Handysize NOPAC Far East route and the Capesize Brazil to N China route hitting a year-high of $23/ton, but uncertainty remains due to ongoing challenges in the Chinese economy. Positive indicators include a decline in ballast views for SE Africa after weeks of highs, along with notable growth in tonne days within the Capesize segment. Furthermore, Brazilian iron ore exports to China have surged by 70% compared to the same period last year. Limited output growth during the peak construction season reveals broader economic weaknesses, with iron ore prices declining despite high Chinese steel demand, as the government aims for 5% economic growth. The Signal Ocean Dry Market Monitor Chart of the Week is now available for FREE in our Newsroom:  https://lnkd.in/dbXbTMq8 #ShippingIndustryTrends2024 #DryBulkFreight #ShippingMarket #maritimeeconomics #marketinsights

Iron Ore Flows & Capesize Tonne Days This week's chart illustrates the increase in the monthly volume of Brazilian iron ore during the second quarter of this year (left chart), alongside the growth in Capesize tonne days

Dry Bulk Chart of the Week: Dry Bulk Iron Ore Flows, Brazil Port Congestion, Market Rates Capesize rates for the Brazil to North China route are softening despite a significant rise in iron ore shipments from Brazil, with a 12% year-on-year increase in September. However, growing port congestion and sustained iron ore export activity could soon push rates higher as market fundamentals strengthen. The Signal Ocean Dry Market Monitor Chart of the Week is now available for FREE in our Newsroom: https://lnkd.in/esgZRVKG #DryBulkShipping #Marketinsights #ShippingIndustryTrends2024 #DryBulkFreight #ShippingMarket #MaritimeEconomics

Iron ore prices have been on a rollercoaster lately. They shot up past the $140 mark earlier this year, then took a nosedive below $100 last week, only to bounce back up to $110 per tonne today.   These wild swings, along with a notable rise in Chinese stockpiles, have seemingly got some people in the shipping industry feeling a bit jittery.   Our latest report unpacks what these price movements mean for the dry bulk market.   For the full report, contact [email protected].   #capesize #drybulk #commodities #coal #ironore #steel #metals #energy #china #seabornetrade #economics #shipping #maritimeindustry #freight #shipbroker #shipbroking #research #arrowship

The latest agenda of the 18th International Iron Ore Market Seminar is here!! 🎉 🎉 🎉   It will delve into six pivotal aspects: 👇 👇 👇   1. Outlook on 2024 macroeconomy and policy 2. Development and Outlook on Steel and Iron Ore Market in China 3. Development and efficient utilization of domestic iron ore resources 4. Mine transformation in the context of green and low-carbon 5. Opportunities and adjustments in overseas mine investment 6. Changes in the production patterns of the iron and steel industry When&Where: 🕛 March 13-15, 2024, Qingdao 🌄 , East China's Shandong Province. ✨ ✨ Early bird rate is available now! 💥 💥 Register here: https://lnkd.in/gwm7Xm5   #InternationalIronOreMarketSeminar #Steel #ironore #SteelMarket #ChinaSteel #Qingdao #Forum2024 #Event2024 #Conference2024 #SteelTrading #MarketOutlook #decarbonization #Mysteel

This week's chart illustrates the increase in the monthly volume of Brazilian #ironore during the second quarter of this year (left chart), alongside the growth in #Capesize tonne days from Brazil to China since the end of May. 

Iron Ore Prices on Fire on Hopes of China’s Third Plenum The Chinese real estate sector continues to face challenges. Beijing's comprehensive stimulus measures, including lower down payments and significant funding for affordable housing, have yet to stabilize house prices or industrial production. Iron ore prices have been hammered, writes Pranay Yadav. However, the upcoming Third Plenum could be a turning point, with expectations of more aggressive fiscal initiatives aimed at boosting domestic demand and managing excess inventory. The anticipation of an extensive stimulus package is driving a notable rebound in iron ore prices. The market is signaling bullish trends, with technical indicators and seasonal patterns suggesting profitable opportunities. For instance, the SGX TSI Iron Ore Index reflects a convergence of positive technical signals and seasonal trends, pointing towards a potential breakout. Additionally, Bollinger bands and moving average crossovers hint at further upside, supported by a strong momentum in the RSI indicators. For those interested in a deeper dive into the technical analysis, seasonal trends, and hypothetical trade setups, our comprehensive paper provides detailed insights and actionable strategies. 📈 Dive into the full analysis and explore potential opportunities! 📈 Read the Full Report at Smartkarma https://lnkd.in/gUVJVWmB #IronOre #ChinaEconomy #Trading #Investment #MarketTrends #Commodities #SGX #TechnicalAnalysis #StimulusPackage #EconomicOutlook

The #Capesize market rates for the Brazil to North China route have softened, yet rising #ironore #exports from Brazil, particularly after a strong third quarter

Iron ore dips further on lingering China demand concerns - https://lnkd.in/dJwZbM_X #cruiseindustry #maritime #maritimenews #maritimeindustry #ship #shipnews #maritimelogistics #cruise #cruiseship

Position-takers on 65-62 Fe iron ore spreads would probably be interested in volumes going out from Brazil in the coming months - following the off-cycle boom in shipments loaded since December 2023. Volumes loaded from Brazil, C3 freight costs and Chinese port inventory will be critical barometer in tracking the premiums of Brazilian iron ore, against the backdrop of China's demand for low-alumina blast furnace feed. Some bright spots remain though, especially in the form of lower-grade sinter fines, which have been seeing excellent price spreads against the 62% Fe index.