Uncertainty? Volatility? Anyway, the BDI and the Markets are down…

Dry Bulkcarriers, Markets, Reports, Shipping Indices, Statistics, Tankers — By on November 10, 2017 at 8:10 PM

John Faraclas

The BDI (Baltic Dry Index) lost 17 points since yesterday and now reads 1,464; it also lost 12 points since last week’s 1,476 points… Geopolitics become everyday more and more enigmatic… John Faraclas’ daily and weekly recap:

The Capers as volatile as ever managed to retain the plus symbol; on a daily basis the BCI gained just 11 points and now stands at 3,360 points , on a weekly basis a 324 plus points was a very good performance (from 3,036)!

The Panamaxes’ BPI fell 50 points today bringing the respective index down to 1,418 and on a weekly basis 144 points were wiped off… (from 1,652). Caution!

The Supras’ BSI continued with a double digit fall; Today we seen a 24 points fall reaching the 912 points, and since last week over 100 – to be precise were lost, 102 points down from 1,014…

The Handies’ BHSI slowly slowly falls and today another four points were lost – now standing at 644! It also lost 20 points from last Friday’s closing when it stood at 664. Another Caution here!!

The Wets with mixed feelings yet again. The last published BDTI (Dirties) and BCTI (Cleans) stood at 802 – minus five and 546 points – PLUS two. On a weekly basis the Dirties were down 53 points – from 855 and the Cleans up seven from 539 points… Strange times ahead with the oil prices…

The WTI stood at US$ 54.21 – it was US$ 55.21 !!! Last week  it stood in the same levels…

The Geopolitics remain the same and will revert later on with a full account.

The Grammenos’ Cass 4th Triennial event in Athens went more than expected – tomorrow another interesting day!!

Have a nice evening and be on guard from any eventuality emanating from Pirates and Terrorists wherever you are on Planet Ocean!


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