Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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August 2019 | Steel Raw Materials


Freight Highlights: 21 August 2019


A roundup of Fastmarkets' freight statistics for the week of 21 August 2019.

Capesize freight rates recorded by shipbrokers Simpson Spence Young (SSY) rebounded over the last week, shaking off the decreases suffered in the previous three weeks. SSY’s capesize index for the Atlantic basin rose 9.0% week on week to 10,406 points on Friday August 16, while the Pacific index rose 11.6% to 7,032 points. Aside from the week of July 19, the Atlantic rate is...

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