U.S. Natural Gas Weekly – October 21, 2011
Total deterioration in fundamentals.
Archive for the ‘Commodities’ Category
U.S. Petroleum Weekly – October 20, 2011
Very strong inventory data is not translating into price strength.
Dry Bulk Weekly – October 17, 2011
Baltic dry index rose 7.1% last week; Capesize Index was up 11.5%; Panamax Index rose 8.9%; Supramax Index was up 4.0%; Handysize Index rose 6.2%.
Tanker Weekly – October 17, 2011
Baltic Dirty Tanker Index rose 6.3%; Baltic Clean Tanker Index fell -0.4%.
China September CPI Inflation At 6.1%; PPI Inflation At 6.5%
China Consumer Price Index was up 6.1% in September, vs. 6.1% consensus and 6.2% August reading. Food inflation remained unchanged at 13.4%.
China Producer Price Index was fell to 6.5% from 7.3% in August. Consensus was at 6.9%.
U.S. Petroleum Weekly – October 13, 2011
The macro data will be the main factor driving the price of oil. The demand data was strong in the recent weeks, but came tepid in the last reading. The price has moved fast form deeply oversold into overbought, so the risks are to the downside.
U.S. Natural Gas Weekly – October 13, 2011
Working gas in storage rose 112 Bcf from previous week. Consensus was at 102 Bcf.
Storage level is 69 Bcf lower than same time year ago and has moved above 5-year average.
China Trade Balance Surplus Bellow Consensus In September
China trade balance was reported at USD 14.5 billion vs. USD 17.8 billion in August and USD 16.3 billion consensus. Export and import growth were running at 17.1 and 20.9 percent vs. 24.5 and 30.2 percent y-o-y in June.
Dry Bulk Weekly – October 10, 2011
Baltic dry index rose 5.3% last week; Capesize Index was up 2.6%; Panamax Index rose 10.8%; Supramax Index was up 2.3%; Handysize Index rose 4.6%.
Tanker Weekly – October 10, 2011
Baltic Dirty Tanker Index rose 11.5%; Baltic Clean Tanker Index fell 2.2%.
Dry Bulk Weekly – October 3, 2011
Baltic dry index fell 1.5% last week; Capesize Index was down 5.2%; Panamax Index rose 4.5%; Supramax Index was up 0.9%; Handysize Index rose 6.6%.
Tanker Weekly – October 3, 2011
Baltic Dirty Tanker Index rose 0.6%; Baltic Clean Tanker Index rose 4.9%.
Dry Bulk Weekly – September 26, 2011
Baltic dry index rose 8.8% last week; Capesize Index was up 17.1%; Panamax Index fell 5.4%; Supramax Index was up 2.0%; Handysize Index rose 1.3%.
Iron ore inventory close to all time high, price unchanged; Steel inventory and price mostly unchanged; Coal inventory down, price stable.
Tanker Weekly – September 26, 2011
Baltic Dirty Tanker Index rose 1.6%; Baltic Clean Tanker Index rose 3.7%.
Dry Bulk Weekly – September 19, 2011
Baltic dry index fell 3.3% last week; Capesize Index was down 8.0%; Panamax Index rose 3.0%; Supramax Index was up 2.7%; Handysize Index fell 1.2%.