U.S. Natural Gas Weekly – May 4, 2012
Working gas in storage rose 28 Bcf from previous week. Consensus was at 29 Bcf.
Storage level is massive 810 Bcf higher than same time year ago and way above 5-year average.
Abundance of supply.
Archive for the ‘Commodities’ Category
Tanker Weekly – April 21, 2012
Baltic Dirty Tanker Index fell 5.4%; Baltic Clean Tanker Index fell 0.6%.
Same as with dry bulk…nothing changed.
Dry Bulk Weekly – April 23, 2012
Baltic dry index rose 9.8% last week; Capesize Index was down 2.5%; Panamax Index rose 28.4%; Supramax Index was up 9.0%; Handysize Index rose 4.1%.
Iron ore inventory at Chinese ports fell in the recent weeks; price pretty much unchanged. Steel stockpiles fell from all time-high, but remained at elevated levels while price remained flat. Thermal coal inventory fell further, price moved a bit higher lower.
I didn’t post for a while, but nothing material happened in the shipping markets during that time.
Tanker Weekly – March 12, 2012
Baltic Dirty Tanker Index rose 3.5%; Baltic Clean Tanker Index fell 3.1%.
Dry Bulk Weekly – March 12, 2012
Baltic dry index rose 6.9% last week; Capesize Index was down 1.4%; Panamax Index rose 5.3%; Supramax Index was up 16.0%; Handysize Index rose 7.3%.
Iron ore inventory at Chinese ports close to all-time high; price pretty much unchanged. Steel stockpiles spiked upwards while price remained flat. Thermal coal inventory fell from a all-time high reached this year, price moved lower.
Dry Bulk Weekly – February 20, 2012
Baltic dry index rose 0.3% last week; Capesize Index was also up 0.3%; Panamax Index fell 1.9%; Supramax Index was down 0.6%; Handysize Index rose 3.6%.
Iron ore inventory at Chinese ports close to all-time high; price pretty much unchanged. Steel stockpiles spiked upwards while price remained flat. Thermal coal inventory moved to all-time high, price moved lower.
Dry Bulk Weekly – February 6, 2012
Baltic dry index fell 10.9% last week and has reaching all-time low; Capesize Index was down 2.0%; Panamax Index fell 15.0%; Supramax Index was down 12.5%; Handysize Index fell 10.3%.
U.S. Petroleum Weekly – January 26, 2012
Crude stocks rose 3.5 million barrels; Gasoline stocks were down 0.4 million barrels; Distillate stocks fell 2.5 million barrels; Propane/propylene stocks fell 0.5 million barrels; Other oils stocks fell 2.5 million barrels; Total crude oil and petroleum stocks were down 4.3 million barrels.
Dry Bulk Weekly – January 23, 2012
Baltic dry index fell 18.1% last week; Capesize Index was down 9.8%; Panamax Index fell 19.3%; Supramax Index was down 16.9%; Handysize Index fell 9.0%.
Tanker Weekly – January 23, 2012
Baltic Dirty Tanker Index rose 7.3%; Baltic Clean Tanker Index was unchanged for the week.
Dry Bulk Weekly – January 16, 2012
Baltic dry index fell 21.8% last week; Capesize Index was down 25.2%; Panamax Index fell 17.8%; Supramax Index was down 12.7%; Handysize Index fell 4.7%.
Tanker Weekly – January 16, 2012
Baltic Dirty Tanker Index rose 3.0%; Baltic Clean Tanker Index rose 12.1%.
U.S. Natural Gas Weekly – January 13, 2012
Total collapse because of oversupply.
U.S. Petroleum Weekly – January 11, 2012
The price of crude oil is shaped on one side with fears of global economic slowdown and on the other side western countries efforts to discourage Iranian crude oil buying. In my view, geopolitical risks are keeping the price high.
China December CPI Inflation At 4.1%; PPI Inflation At 1.7%
China Consumer Price Index was up 4.1% in December, vs. 4.0% consensus and 4.2% November reading. Food inflation rose from 8.8% to 9.1%..
China Producer Price Index fell to 1.7% from 4.2% in November. Consensus was at 2.1%.