ISM: All tonnage segments reviews, real freight fixtures & commodity prices
Coaster Freight Index: Comprehensive data on shortsea shipping

Global CFI // week 13

02.04.18
16:23

Global CFI has sagged by another $0.07/t in late March due to a $1.38/t decrease in sea-river freight rates in the Azov Sea, although the decline has been slightly offset by higher rates in the Black Sea ($0.05/t up), the EMed ($0.08/t up) and the WMed ($0.04/t up). Global ISM Commodity Index has dropped by another 2.5 points amid falling prices for steel products and scrap. Demand for square bullets and rebar has weakened in the MENA countries. European buyers of steel coils do not hurry to sign new deals either. Turkish mills show extremely low interest in steel scrap. At the same time, demand for Black Sea grain remains pretty strong. Relentlessly declining volumes of agri products available for sales abroad along with delayed sowing campaign are driving the prices up.

Global Coaster Freight Index

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CFI is the weighted average of voyage freight rates assessments on main trade routes for grain, steel, scrap, pig iron, coal, fertilizers, minerals and construction cargoes.
List of rates includes those for shipments of above mentioned commodities in 3,000-10,000 t lots.

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