iShipNet Futures Market 06/06/2019

futures market report

MBIOI-62%       99.40     API2: 52.60         Crude: 60.63            Rotterdam 380:    365.50       Singapore 380:   381.50


 

Cape

Cape trade remained thin over the day with July trading down to $15,800 over the morning from $16,500, while the Q3 printed down to $16,350. As the day progressed support was found on the curve with July trading back to $16,000, while the Q3 was paid back to $16,400 towards the end of the day.

Atlantic futures plus                  Front Haul futures plus                     Pacific futures plus

C 5TC

 

C7

 

C5

Index

Change

MTD

YTD

 

Index

Change

MTD

YTD

 

Index

Change

MTD

YTD

14,769

208

14,126

9,096

 

8.27

0.01

8.19

7.46

 

7.61

0.01

7.49

5.77

                           

Period

Bid

Offer

Change

 

Period

Bid

Offer

Change

 

Period

Bid

Offer

Change

   

Jun 19

15,350

15,500

12

 

Jun 19

8.10

8.25

-0.30

 

Jun 19

7.25

7.40

0.14

   

Jul 19

16,000

16,250

-29

 

Jul 19

8.25

8.40

-0.28

 

Jul 19

7.20

7.30

0.00

Aug 19

16,450

16,650

108

 

Aug 19

8.50

8.75

-0.26

 

Aug 19

7.15

7.25

-0.08

   

Q3 19

16,500

16,700

18

 

Q3 19

8.70

8.95

-0.11

 

Q3 19

7.25

7.40

0.01

Q4 19

18,400

18,600

12

 

Q4 19

10.15

10.35

-0.17

 

Q4 19

8.20

8.30

0.13

   

Q1 20

12,200

12,400

25

 

Q1 20

10.30

10.65

0.17

 

Q1 20

7.55

7.80

0.13

Cal 20

14,450

14,600

60

 

Cal 20

11.15

11.40

0.07

 

Cal 20

8.30

8.55

0.46

Cal 21

13,200

13,300

-63

 

Cal 21

10.75

11.00

0.22

 

Cal 21

7.70

8.10

0.00

Cal 22

13,250

13,450

-163

 

Cal 22

10.40

11.10

0.10

 

Cal 22

7.60

8.60

0.00


 

Panamax

Panamax saw little change on the day on FFA, despite a considerably negative index (down $306). June and July bounced between $10,000 - $10,150, whilst Q3 saw the more enthusiastic buyers pushing to $10,300. $10,250 was the conference rate on Q4, as Cal20 traded multiple times at $8,800 & $8,850.

Atlantic futures minus                  Front Haul futures minus                     Pacific futures minus

P 4TC

 

P2A

 

P3A

Index

Change

MTD

YTD

 

Index

Change

MTD

YTD

 

Index

Change

MTD

YTD

9,997

-306

10,344

8,089

 

17,750

-268

18,082

14,877

 

10138

-82

10,263

7,699

   

Period

Bid

Offer

Change

 

Period

Bid

Offer

Change

 

Period

Bid

Offer

Change

   

Jun 19

10,000

10,100

-13

 

Jun 19

17,650

18,000

-75

 

Jun 19

9,050

9,400

-263

   

Jul 19

10,050

10,150

46

 

Jul 19

17,650

18,000

45

 

Jul 19

9,575

9,800

138

Aug 19

10,250

10,350

217

 

Aug 19

17,700

18,200

90

 

Aug 19

9,750

9,950

125

Q3 19

10,250

10,350

200

 

Q3 19

17,750

18,150

88

 

Q3 19

9,850

10,200

329

Q4 19

10,150

10,250

-29

 

Q4 19

18,250

18,500

30

 

Q4 19

10,600

11,000

525

Q1 20

8,500

8,650

21

 

Q1 20

16,000

16,400

-100

 

Q1 20

8,550

8,900

325

Cal 20

8,850

8,950

37

 

Cal 20

16,800

17,200

-10

 

Cal 20

9,000

9,500

350

Cal 21

8,500

8,600

75

 

Cal 21

16,300

16,700

-70

 

Cal 21

8,400

8,900

162

Cal 22

8,000

8,200

21

 

Cal 22

15,900

16,400

-20

 

Cal 22

8,100

8,600

200


 

Supramax/ Handy

The Supramax market saw the June trading between $8,500 (-$38) and $8,550, while, July ranged $9,300 - $9,450 (+$308). Q3 ranged $9,800 - $9,900 (+$311).

Atlantic futures minus                  Front Haul futures minus                     Pacific futures minus

S 10TC

 

Pmx/Smx Spread

 

H 6TC

Index

Change

MTD

YTD

           

Index

Change

MTD

YTD

5,086

-257

 

8,131

           

6,118

48

6,060

6,004

Period

Bid

Offer

Change

 

Period

Bid

Offer

Change

 

Period

Bid

Offer

Change

   

Jun 19

8,450

8,550

-38

 

Jun 19

       

Jun 19

9,000

9,200

2,662

Jul 19

9,300

9,400

208

 

Jul 19

       

Jul 19

8,700

8,900

1,862

Aug 19

9,900

10,050

287

 

Aug 19

       

Q3 19

7,750

8,750

873

         

Q3 19

9,750

9,900

236

 

Q3 19

800

1,100

200

 

Q4 19

8,600

9,600

875

   

Q4 19

9,900

10,000

158

 

Q4 19

-350

-50

13

 

Q1 20

7,500

8,500

681

   

Q1 20

8,300

8,450

54

 

Q1 20

       

Cal 20

8,000

9,000

450

Cal 20

8,900

9,000

69

 

Cal 20

-200

100

150

 

Cal 21

7,850

8,850

444

Cal 21

8,775

8,900

59

 

Cal 21

-350

50

100

 

Cal 22

7,850

8,850

487

Cal 22

8,300

8,400

-125

 

Cal 22

-900

-500

0

         
           
 
The content of this document is for information purposes only and should not be viewed as trade recommendation, nor solicitation to trade.