Dry Bulk Weekly – February 6, 2012
Baltic dry index fell 10.9% last week and has reaching all-time low; Capesize Index was down 2.0%; Panamax Index fell 15.0%; Supramax Index was down 12.5%; Handysize Index fell 10.3%.
Archive for the ‘Commodities’ Category
U.S. Petroleum Weekly – January 26, 2012
Crude stocks rose 3.5 million barrels; Gasoline stocks were down 0.4 million barrels; Distillate stocks fell 2.5 million barrels; Propane/propylene stocks fell 0.5 million barrels; Other oils stocks fell 2.5 million barrels; Total crude oil and petroleum stocks were down 4.3 million barrels.
Dry Bulk Weekly – January 23, 2012
Baltic dry index fell 18.1% last week; Capesize Index was down 9.8%; Panamax Index fell 19.3%; Supramax Index was down 16.9%; Handysize Index fell 9.0%.
Tanker Weekly – January 23, 2012
Baltic Dirty Tanker Index rose 7.3%; Baltic Clean Tanker Index was unchanged for the week.
Dry Bulk Weekly – January 16, 2012
Baltic dry index fell 21.8% last week; Capesize Index was down 25.2%; Panamax Index fell 17.8%; Supramax Index was down 12.7%; Handysize Index fell 4.7%.
Tanker Weekly – January 16, 2012
Baltic Dirty Tanker Index rose 3.0%; Baltic Clean Tanker Index rose 12.1%.
U.S. Natural Gas Weekly – January 13, 2012
Total collapse because of oversupply.
U.S. Petroleum Weekly – January 11, 2012
The price of crude oil is shaped on one side with fears of global economic slowdown and on the other side western countries efforts to discourage Iranian crude oil buying. In my view, geopolitical risks are keeping the price high.
China December CPI Inflation At 4.1%; PPI Inflation At 1.7%
China Consumer Price Index was up 4.1% in December, vs. 4.0% consensus and 4.2% November reading. Food inflation rose from 8.8% to 9.1%..
China Producer Price Index fell to 1.7% from 4.2% in November. Consensus was at 2.1%.
China Macro Data Follow-Up – January 2012
I’ve been quite busy on my day job in last weeks, so now when I finally have some spare time I will follow-up China macro data since the start of the year.
To sum up, Chinese authorities have started to loosen monetary policy after slowdown in manufacturing and slowdown of imports (especially imports of goods which are consumed in China).
Dry Bulk Weekly – December 19, 2011
Baltic dry index fell 1.8% last week; Capesize Index was down 3.4%; Panamax Index rose 3.6%; Supramax Index was down 3.0%; Handysize Index fell 2.3%.
Tanker Weekly – December 19, 2011
Baltic Dirty Tanker Index rose 3.0%; Baltic Clean Tanker Index rose 12.1%.
U.S. Natural Gas Weekly – December 16, 2011
Working gas in storage fell 102 Bcf from previous week. Consensus was at -92 Bcf.
Storage level is 177 Bcf higher than same time year ago and above 5-year average.
U.S. Petroleum Weekly – December 15, 2011
The rumors are that Saudis had to unload record amounts of physical crude to the markets (from their hedges) because of lack of able counter parties to roll the positions due to shortage of credit.
Rig Count Monthly – December 13, 2011
Number of crude oil drilling rigs in the U.S. rose for 28 in the last month; Number of natural gas drilling rigs fell for 57.
