Posted by sharonchong > 2021-07-08 11:07 | Report Abuse

Alright.. just top up a bit.. I think it's an opportunity

Posted by Jeffson87 > 2021-07-08 11:07 | Report Abuse

0.73 and 0.71 not yet strike. Why bounce up again woi.. Come back here =)

Posted by pingdan > 2021-07-08 11:08 | Report Abuse

aiyoyo operator see my post and dun wan press anymore. So disappointed T_T

Posted by pingdan > 2021-07-08 11:10 | Report Abuse

omg hidden shark spotted.. sharonchong :)

Posted by sharonchong > 2021-07-08 11:11 | Report Abuse

I'm quite lucky today can get 0.73 haha..

Posted by Activestream > 2021-07-08 11:12 | Report Abuse

pingdan omg hidden shark spotted.. sharonchong :)

hahaha could be megalodon !!!!

Posted by sharonchong > 2021-07-08 11:15 | Report Abuse

What la, I just added some and keep lo.. since got sales today.. you guys

Posted by Jeffson87 > 2021-07-08 11:16 | Report Abuse

Sharon pls throw out some at 0.73.... Bilis like us hard to get ticket

Posted by chief999 > 2021-07-08 11:18 | Report Abuse

pacific basin now doji... about to break new high lor....

Posted by sharonchong > 2021-07-08 11:18 | Report Abuse

@Jeffson, I buy to keep for long term one..

Posted by pingdan > 2021-07-08 11:20 | Report Abuse

i am a small fish who swim together shark. shark go left i go left, shark go right i go right... shark want to die i just follow shark die.. not even a baby shark T_T

Posted by Jeffson87 > 2021-07-08 11:25 | Report Abuse

Aiyo.. Just now u one bite swallow so many lot liao.. Today evening announcement your name came out?

Posted by chief999 > 2021-07-08 11:36 | Report Abuse

about to come back liao... almost enuff tickets collected... a little bit more...

Posted by Jeffson87 > 2021-07-08 11:40 | Report Abuse

My 0.71 not yet strike... Sabar dulu.. Poor bilis need cheaper ticket =(

Posted by chief999 > 2021-07-08 14:57 | Report Abuse

ohh goodness... coming to 0.71 soon... ping ping activestream....

Posted by pingdan > 2021-07-08 15:03 | Report Abuse

Ming yuan curse really work -.-

Posted by chief999 > 2021-07-08 15:05 | Report Abuse

yah... the legend lives on...

Posted by Jeffson87 > 2021-07-08 15:10 | Report Abuse

Walao.. All Q strike... What's next...

Posted by Activestream > 2021-07-08 15:13 | Report Abuse

chief999 ohh goodness... coming to 0.71 soon... ping ping activestream....

I was out earlier at 745 saw the market weakness

Posted by Activestream > 2021-07-08 15:13 | Report Abuse

protect my profits first
now is political instability is affecting the wider market

Posted by Jeffson87 > 2021-07-08 15:17 | Report Abuse

Need megalodon Sharon to give another big bite

Posted by Activestream > 2021-07-08 15:55 | Report Abuse

Jeffson87 Need megalodon Sharon to give another big bite

megalodon sharon also choking right now with this craziness hahahah

Posted by Jeffson87 > 2021-07-08 15:56 | Report Abuse

Q 5 batches.... All also kena... After that somemore drop... Pull handbrake first.. Hold and wait.

Posted by pingdan > 2021-07-08 16:05 | Report Abuse

i dun care liao... close eye and topup =.=

Posted by Activestream > 2021-07-08 16:07 | Report Abuse

Jeffson87 Q 5 batches.... All also kena... After that somemore drop... Pull handbrake first.. Hold and wait.

hahahah really touch 70 cents lol
so hard to go up but so easy to drop fast like a waterfall

Posted by Jeffson87 > 2021-07-08 16:15 | Report Abuse

Bursa.... Biasa lor... Panic buy.. Panic sell... Otherwise how genetec fly so high.. Haha siao

Posted by chief999 > 2021-07-08 16:25 | Report Abuse

re: Jeffson, u managed to pickup any maybulk? What price?

Posted by Jeffson87 > 2021-07-08 16:33 | Report Abuse

740...730...715..710...705....pull handbrake.. =(

Posted by pingdan > 2021-07-08 16:36 | Report Abuse

Bursa see shopee and lazada celebrate 7.7 discount. Bursa also want to have discount on 8.7

Posted by chief999 > 2021-07-08 16:39 | Report Abuse

coming back liao... once close 735 or above... will be very good...

Posted by chief999 > 2021-07-08 16:40 | Report Abuse

walao... every price range also collect

Posted by Jeffson87 > 2021-07-08 16:40 | Report Abuse

Maybulk punya ships already sailing at sea also terkena mahaidin punya urine.. Pui pui pui

Posted by Jeffson87 > 2021-07-08 16:43 | Report Abuse

Multiple entry cost. Q only. Mana tau all also kena... Now abit lut liao

Posted by chief999 > 2021-07-08 16:46 | Report Abuse

maybulk the tickets on operator hands still not strong yet.... still too many weak hands... need flush flush flush...

Posted by chief999 > 2021-07-08 16:47 | Report Abuse

the other day 79 got challenged and fail, so it will take some time b4 another attempt...

Posted by Jeffson87 > 2021-07-08 16:53 | Report Abuse

Sold Maybulk around 50cent back in January.... Just reenter recently... Mana tau... Today red sea.... Siao

Posted by Bgt 9963 > 2021-07-08 16:57 |

Post removed.Why?

Posted by chief999 > 2021-07-08 16:58 | Report Abuse

politics....

Posted by Activestream > 2021-07-08 17:05 | Report Abuse

chief999 the other day 79 got challenged and fail, so it will take some time b4 another attempt...
08/07/2021 4:47 PM

now u beginning to understand the price flow patern ,cheers mate

Posted by KML889 > 2021-07-08 20:49 | Report Abuse

Pulak Dow jones.

Posted by Jeffson87 > 2021-07-08 21:58 | Report Abuse

Dow-jones.. Nasdaq.. Brent crude.. All drop.. Pls tell Maybulk punya ships don't come Malaysia port first.. Hahha

Posted by Bgt 9963 > 2021-07-08 22:10 |

Post removed.Why?

Posted by sharonchong > 2021-07-09 08:41 | Report Abuse

Maybulk got nothing to do with Malaysian politics and its business is international and won't be affected even if the whole country riots (which I don't think will happen).. also the Baltic remain at the 10-year high range.. So if it's being dragged down by the sentiment then I think it's a great chance to top up.. Just my personal view..

Posted by Bgt 9963 > 2021-07-09 08:51 |

Post removed.Why?

Posted by pingdan > 2021-07-09 09:10 | Report Abuse

Haha sharonchong.. morning.. just let the shark do their work ba.. i guess they dispose alot during 0.76 to 0.79… they just see the market bad and press down the share price to collect.. we just utilise this chance to collect at low

Posted by chief999 > 2021-07-09 09:14 | Report Abuse

true true :)

Posted by Jeffson87 > 2021-07-09 09:23 | Report Abuse

Yesterday already collected few batches at support price. Today need to break the resistance. Sweat..

Posted by hng33 > 2021-07-09 09:46 | Report Abuse

Bdi index continues strong above USD 3200

Posted by KML889 > 2021-07-09 20:14 | Report Abuse

3300+19. All asset classes >30k usd. Matson of US sterling Q2 result is a mirror of MBC coming Q2 report card, i hope

Posted by sharonchong > 2021-07-10 08:28 | Report Abuse

SHIPPING: Robust commodity demand to spur dry bulk rally into Q3

• 08 Jul 2021 | 08:21 UTC

• Author Carina Li  Shriram Sivaramakrishnan  Isaac Eio 
• Editor Aastha Agnihotri 
• Commodity Agriculture,  Coal ,  Electric, Power,  Metals,  Shipping

HIGHLIGHTS
Stimulus-driven projects driving bulk demand
Strong grain trade supporting sub-Capesize sector
Rejigging of coal trade routes helping

The surging demand for infrastructure-related commodities such as iron ore and coal, along with minor bulks such as aggregates, clinker, limestone is likely to help fuel the dry bulk market rally into the third quarter, with freight levels and time charter earnings setting new records.

The dry bulk market has been on a firm footing since the beginning of 2021 and market participants expect the trend to continue in the upcoming quarter.

"I expect the peak [for 2021] has not come yet as the [seasonally firmest quarter] is yet to come," said a Capesize ship-owning source, adding that healthy demand for sub-Capesize sectors would support the Capesize rates, too.

The Platts dual Cape T4 index averaged at $30,387/day and $33,615/day in Q2, basis lower sulfur marine fuel for non-scrubber vessels and scrubber-fitted tonnage separately and registered a record high of $44,233/day and $47,433/day on May 5. Meanwhile, the APSI 5 Index averaged at $26,805/d in Q2, nearly surpassing the Panamax KMAX 9 Index at $26,946/d.

Booming iron ore shipping demand

Major iron ore miners are expected to lift their production in the second half of the year to meet their sales guidance, lifting the outlook for freight rates in H2 2021, especially Q3, on the key Capesize trading routes, according to S&P Global Platts Analytics.

According to the data from Platts' trade-flow software cFlow, Brazilian miner Vale's seaborne iron ore exports volumes for H1 2021 was 128.11 million mt, up 10.3% on the year, which showed an annualized run rate of 256.2 million mt, while Vale's iron ore production guidance for 2021 was 315-335 million mt.

Australian mining major Rio Tinto exported 148.83 million mt during H1 2021, down 8% on the year, with an annualized export run rate of 297.7 million mt. The miner is targeting 325-340 million mt for 2021.

Additionally, the marginal increases from other iron ore export origins like Canada, South Africa, India, and Chile are expected to add to the ton-mile shipping demand as miners there continue to take advantage of the strong iron ore prices.

Gains from grain

The strong grain trade year-to-date has lifted the fortunes of the Panamax and Supramax segments.

Imports of Chinese grains -- soybean and other products (corn, wheat, barley, sorghum) -- over January-May 2021 came in at 38.20 million mt and 22.30 million mt respectively, up 12.8% and 271.5% on the year, according to the data from Banchero Costa.

Sale of corn from the US to China is also poised to be firm in the coming quarter with 34 million mt outstanding till August, according to shipbroker Howe Robinson.

Unrelenting coal demand

The clamor for coal continued to power the freight market.

According to the International Energy Agency, or IEA, the current coal demand growth for 2021 will be 4.5% on the year, with China accounting for 50% of the increase. But the mounting pressure from China's National Development and Reform Commission, or NDRC, to curtail inflation remains a roadblock for dry bulk markets. In June, the NDRC had asked provinces to cut power consumption to curb the rising electricity demand.

Elsewhere in Asia, burgeoning coal and freight prices have compelled traders to rejig trade patterns.

With Australian coal not going to China, Indian coal importers are scooping up this coal at a cheaper rate.

"Australian coal sellers have to discount to compete with Indonesian coal. There is a rough freight difference of $15/mt for Australia to India compared with Indonesia to India. Indian buyers are able to purchase Australian coal cheaper than they could have," said a source with a ship-operator.

Australia surpassed Indonesia as top supplier of coal to India, with a market share of 36.7% over H1 2021 at 39.46 million mt, according to data from Kpler. Most of it moved on gearless ships -- Capesizes and Panamaxes –- with Supramax/Ultramax vessels getting a smaller share.

On the contrary, China received more coal tons from Indonesia, Russia, Colombia, and South Africa, with Capesize ships getting a large share.

Persian Gulf spurs market

Notably, low-priced commodities withstood the relentless onslaught from rising freight levels, which were above the product cost. Exports of clinker, limestone, and aggregates from the Persian Gulf saw a rise in H1 2021 compared with the same period in 2020. In fact, limestone exports from Mina Saqr jumped 51.5% on the year.

"The traders are not really very unhappy with these trades. They are still able to sell ca