Commodity Bulls Charge, Container Rates Trampled — Panjiva
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Commodity Bulls Charge, Container Rates Trampled

Commodities 189 Energy - Bunker Fuel 90 Logistics 476 Mode - Bulk 136 Mode - Containerized 1473 Mode - Seaborne 1804 Theme - Rates 235

Commodities entered a bull market yesterday, defined as a 20% increase since recent lows, according to Bloomberg.  This was driven by a mixture of industrial raw materials, including metals, as well as the recovery in oil prices. The latter was driven by supply disruptions in Canada and Nigeria, as well as an apparent return of … Continue reading “Commodity Bulls Charge, Container Rates Trampled”

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