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

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January 2020 | Steel Raw Materials

Freight Highlights: 8 January 2020

A roundup of Fastmarkets' freight statistics for the week of 8 January 2020.

Capesize freight indices for the Atlantic and Pacific basins, as recorded by Simpson Spence Young (SSY), both fell in the first week of the new year. The SSY Atlantic Capesize Index dipped lower for a fourth consecutive week and was down 2.3% from 23 December to 7,907 points on Monday January 6. This is the lowest level since the end of November last year. We saw even sharper drops in the SSY Pacific Capesize Index, which fell by 5.3% over the same two-week period and...


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