The BDI (Baltic Dry Index) approached the danger zone, that of 2,000 points as the fall continued all through the week. Wets as always volatile and peculiar. The Ukrainian mess and damage for humanity will need, at least a generation to “heal” to all intents and purposes; and there is more to come from the spill over. SHAME! Covid spreads again as politicians’ hallucinations “made” them medical scientists… John Faraclas’ daily and weekly recap:
The BDI lost six points since...
The BDI (Baltic Dry Index) lost 60 points since last Friday the 25h of March as well as the 2,500 points threshold. Brace for Ukraine as the despicable mess continues. Covid’s spreading will cause more mess… John Faraclas brief daily recap:
The Capes’ BCI lost 153 and now stands at 1,734 losing also the 1,800 points threshold…
Minimal “gains” for the Panamaxes’ BPI now at 3,146 – up three points…
Supras’ BSI lost the 3,000 points threshold; down 29 at 2,991…
Handies the …quite winner...
The BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 2,522; on a weekly basis same was down 61 since last week’ 2,605 losing the 2,600 points threshold. In search for Peace in Ukraine to avoid spill over and World War III, but this requires leaders and not morons to change the mindset. Same applies for Covid’s anathema, now entering its third year. John Faraclas’ daily and weekly recap:
The Capes BCI was down 82 points to 1,887 and on a weekly basis minus 718...
The BDI (Baltic Dry Index) was down three points since yesterday and now stands at 2,588… Ukraine: calling everybody’s bluff… Covid spreads; the fourth doze please… John Faraclas brief daily recap:
The Capes’ BCI was down 28 points and now stands at 2,604…
The Panamaxes’ BPI was up three points at 2,850…
Supras’ BSI doing well as well as Handies’ BHSI at 2,892 – plus 16 and 1,620 – plus 19 points respectively…
This is what I call a Dry Market calibration… watch this space!
The Wets...
Midweek Market blues as BDI fells under 2,600 points threshold and Wets follow suit. Ukraine is the biggest set up and actors involved do not know their role as the script was too complicated… Shame, shame, Shame… Covid’s resurge will cause more mess. John Faraclas’ brief midweek recap:
The BDI (Baltic Dry Index) was down 98 points and now reads 2,591…
The Capes’ BCI was down 191 losing both the 2,700 and 2,800 points threshold and now stands at 2,632…
The Panamaxes’ BPI was down 99...
The BDI (Baltic Dry Index) lost its 2,700 points threshold, as Panamaxes fall was proportionally …substantial. Wets’ “strange” fall continues. Peace in Ukraine MUST be restored here and now, otherwise all this set up is the biggest crime against humanity. There is no “or else”; I mean counter and punishment against all aggressors. Wonder under which proviso protocols and measures are lifted and simultaneously Covid re-surges. John Faraclas’ brief daily recap:
T...
Markets try hard to remain buoyant whilst the despicable events in Ukraine and Covid’s rise coupled with the already existing recession might lead Planet Ocean to a point of no return; CAUTION. John Faraclas’ brief daily recap:
The BDI (Baltic Dry Index) was up just nine points since last Friday the 11th of March 2022 and now stands at 2,727…
Capes’ BCI went over and above the 2,700 points and now reads 2,786 – plus 110 !!
Panamaxes BPI lost the 3,100 points threshold and now reads...
Dry firms further; Wets falling. Geopolitics coupled with Recession and Covid chaos the big issue
The BDI (Baltic Dry Index) was up 20 points since last Friday 23 April and now reads 2,808 points. Wets enigmatic fall lifts eyebrows. We are close to a major bankruptcy. John Faraclas daily brief recap:
It’s good seeing the BDI surpassing the 2,000 point threshold and things could have been better if the Panamaxes’ BPI stop its fall… you can’t have everything…
The Capes’ BCI surpassed...
Despite Capes’ hiccups, BDI still firm; Wets still falling. Geopolitics and Coronavirus will change everything
The BDI (Baltic Dry Index) gained 40 points since yesterday and now stands at 2,472 despite Capes’ minor losses. What will happen with the Wets it remains to be seen. The geopolitical issues might bring torrential rain… Coronavirus adds to Geopolitical mess. John Faraclas’ brief daily recap:
The Capes’ BCI was down 21 points since yesterday and now...