Tanker Weekly – September 19, 2011
Baltic Dirty Tanker Index rose 0.4%; Baltic Clean Tanker Index fell -1.7%.
Archive for the ‘Commodities’ Category
U.S. Freight Carloads Weekly – September 16, 2011
U.S. railroads originated 278,382 carloads, down 0.3% compared with the same week in 2010 and down 6.4% in relation to 5-year average. Week over week change was -8.2% (labor day).
U.S. Natural Gas Weekly – September 16, 2011
Working gas in storage rose 87 Bcf from previous week. Consensus was at 82 Bcf.
Storage level is 155 Bcf lower than same time year ago and bellow 5-year average.
U.S. Petroleum Weekly – September 15, 2011
On the supply side we had large crude oil draw in the last two weeks because hurricanes in the gulf. Demand anemic. I still believe that the macro data will be the main factor driving the price of oil. Overall I expect volatile trading with no clear trend.
U.S. Petroleum Weekly – September 9, 2011
It’s all about global macro picture now and that doesn’t look promising.
U.S. Freight Carloads Weekly – September 9, 2011
U.S. railroads originated 303,260 carloads, down 0.6% compared with the same week in 2010 and right at the 5-year average. Week over week change was +1.1%.
Nothing pointing to recession here.
U.S. Natural Gas Weekly – September 9, 2011
Working gas in storage rose 64 Bcf from previous week. Consensus was also at 64 Bcf.
Storage level is 139 Bcf lower than same time year ago and bellow 5-year average.
Tanker Weekly – September 5, 2011
Both indexes were unchanged last week.
Dry Bulk Weekly – September 5, 2011
Baltic dry index rose 12.9% last week; Capesize Index was up 26.8%; Panamax Index fell 1.3%; Supramax Index was down 0.6%; Handysize Index rose 0.4%.
My feeling is that the rate increases are mostly sentiment driven and not backed by supply and demand fundamentals.
Iron ore inventory close to all time high, price edging up; Steel inventory and price stable; Coal inventory and price also stable.
U.S. Natural Gas Weekly – September 2, 2011
Working gas in storage rose 55 Bcf from previous week. Consensus was at 60 Bcf.
Storage level is 145 Bcf lower than same time year ago and bellow 5-year average.
Tanker Weekly – August 29, 2011
Baltic Dirty Tanker Index rose 0.6%; Baltic Clean Tanker Index was unchanged.
High volume of fixing, but supply more than enough to cover the demand.
Dry Bulk Weekly – August 29, 2011
Baltic dry index rose 5.4% last week; Capesize Index was up 5.7%; Panamax Index rose 2.6%; Supramax Index was up 3.7%; Handysize Index rose 2.9%.
My feeling is that the rate increases are mostly sentiment driven and not backed by supply and demand fundamentals.
Iron ore inventory at new all time high, price edging up; Steel inventory and price stable; Coal inventory and price also stable.
U.S. Petroleum Weekly – August 25, 2011
With Libya returning to the market soon, further negative pressure possible.
Dry Bulk Weekly – August 22, 2011
Baltic dry index rose 13.6% last week; Capesize Index was up 19.9%; Panamax Index rose 5.9%; Supramax Index was up 6.6%; Handysize Index rose 0.9%.
U.S. Natural Gas Weekly – August 19, 2011
Working gas in storage rose 50 Bcf from previous week. Consensus was at 47 Bcf.
Storage level is 179 Bcf lower than same time year ago and bellow 5-year average.