Sep 25 2024 16 mins
Summer Break Recap and Market Updates
Hello listeners, and welcome back to another episode of Freight Up, the freight and commodity podcast of Freight Investor Services. I'm Jess, and alongside my co-host Davide, we're thrilled to guide you through the latest updates in the major freight and bulk commodity markets.
It's been a busy few months since our summer break, and today we have a packed line-up for you.
First, the latest news from the UK, US, China, and Japan, examining their economic landscapes and key index movements.
Then, the dry freight market with insights from our regular expert, Ben Klang, who will break down the weekly gains and fluctuations across vessel segments.
Next, we'll shift our focus to the iron ore market with Hao Pei from our Shanghai office, who will analyse the significant price hikes influenced by the Chinese PBOC's stimulus package.
Finally, Archie Smith will give us all the details on the volatile fuel oil markets, covering everything from crude price swings to high and low sulphur oil trends.
It's a comprehensive look at the state of the industry, packed with expert insights and crucial market data.
So, click play, as we bring you the most up-to-date analyses on Freight Up!
Timestamped summary
00:00 China's industrial growth slows; Japan's inflation rises.
04:33 Weekly vessel gains amid fluctuating Cape and Panamax.
09:19 Iron ore prices surged due to unexpected Chinese policy changes.
13:47 Short-term oil support: Chinese efforts, US storms.
15:03 Fuel prices fluctuating heavily, high sulphur premium in Europe.
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