The Maritime
Dry Bulk Freight Index2,725 +0.4%Capesize4,198 +2.0%Dirty Tanker Index2,532 +1.2%Panamax2,064 -2.6%Supramax1,702 -0.8%Clean Tanker Index1,352 +0.7%Handysize905 +0.2%Dry Bulk Freight Index2,725 +0.4%Capesize4,198 +2.0%Dirty Tanker Index2,532 +1.2%Panamax2,064 -2.6%Supramax1,702 -0.8%Clean Tanker Index1,352 +0.7%Handysize905 +0.2%Dry Bulk Freight Index2,725 +0.4%Capesize4,198 +2.0%Dirty Tanker Index2,532 +1.2%Panamax2,064 -2.6%Supramax1,702 -0.8%Clean Tanker Index1,352 +0.7%Handysize905 +0.2%Dry Bulk Freight Index2,725 +0.4%Capesize4,198 +2.0%Dirty Tanker Index2,532 +1.2%Panamax2,064 -2.6%Supramax1,702 -0.8%Clean Tanker Index1,352 +0.7%Handysize905 +0.2%Dry Bulk Freight Index2,725 +0.4%Capesize4,198 +2.0%Dirty Tanker Index2,532 +1.2%Panamax2,064 -2.6%Supramax1,702 -0.8%Clean Tanker Index1,352 +0.7%Handysize905 +0.2%Dry Bulk Freight Index2,725 +0.4%Capesize4,198 +2.0%Dirty Tanker Index2,532 +1.2%Panamax2,064 -2.6%Supramax1,702 -0.8%Clean Tanker Index1,352 +0.7%Handysize905 +0.2%
Market · Prices

Price Command Board

Every price we track, on one screen — commodities, bunkers and freight. Spot, twelve-month move, where each sits in its own cycle, the range the forward cone allows, and a plain read on each. Scan the complex, find the outlier, drill into its desk.

44
series tracked
44 tracked6 near range highs4 near range lows16 with volatility building
SeriesSpot12 mo5-yr pathCycle12-mo rangeRead
Diesel/heating oil (NY Harbor No.2)3.59+55%
68
2.45 – 6.91Stretched above its multi-year average
Gasoline (NY Harbor, conventional)3.16+46%
60
2.49 – 5.71Stretched above its multi-year average
Jet-kerosene (US Gulf Coast)3.18+42%
59
2.21 – 6.34Mid-range, but volatility is building
Coal (Australian)139+27%
12
53.81 – 415Historically cheap — bottom of its own range
Natural gas (Europe)15.17+23%
11
5.23 – 86.68Historically cheap — bottom of its own range
Crude oil (WTI)81.90+21%
42
62.70 – 139Mid-range, but volatility is building
Crude oil (Brent)85.40+19%
39
66.56 – 149Mid-range, but volatility is building
Wheat (US HRW)286+19%
19
212 – 405Mid-range, but volatility is building
Crude oil (Dubai)77.70+13%
29
60.14 – 128Mid-range, but volatility is building
Soybeans468+13%
22
363 – 615Mid-range, but volatility is building
Crude oil (WTI, EIA spot)76.07+11%
32
56.87 – 125Mid-range, but volatility is building
Iron ore (cfr spot)101+9%
7
68.71 – 139Historically cheap — bottom of its own range
Crude oil (Brent, EIA spot)76.77+8%
24
60.37 – 129Mid-range, but volatility is building
Natural gas (Henry Hub, EIA spot)2.99-7%
21
1.33 – 6.92Mid-range, no distinctive signal
LNG (Japan)12.83+5%
18
8.78 – 24.99Mid-range, but volatility is building
Natural gas (US)3.15+4%
23
1.41 – 7.50Mid-range, no distinctive signal
Coal (South African)96.30+3%
3
44.69 – 225Historically cheap — bottom of its own range
Maize197+1%
15
135 – 292Mid-range, but volatility is building
Propane (Mont Belvieu)0.71-0%
15
0.44 – 1.26Mid-range, but volatility is building
Fujairah HSFO546
64
403 – 727Mid-range, no distinctive signal
Fujairah MGO1311
84
912 – 1453Mid-range, no distinctive signal
Fujairah VLSFO758
67
582 – 1071Mid-range, no distinctive signal
Houston HSFO497
52
395 – 600Mid-range, no distinctive signal
Houston MGO1088
74
785 – 1605Mid-range, no distinctive signal
Houston VLSFO651
52
494 – 810Mid-range, no distinctive signal
New York-New Jersey HSFO508
52
390 – 615Mid-range, no distinctive signal
New York-New Jersey MGO1193
79
874 – 1810Mid-range, no distinctive signal
New York-New Jersey VLSFO666
55
537 – 836Mid-range, no distinctive signal
Port of Hong Kong HSFO552
59
430 – 640Mid-range, no distinctive signal
Port of Hong Kong MGO1100
82
836 – 1286Mid-range, no distinctive signal
Port of Hong Kong VLSFO749
71
572 – 1021Mid-range, no distinctive signal
Port of Los Angeles HSFO785
96
637 – 879Historically expensive — top of its own range
Port of Los Angeles MGO1283
91
896 – 1595Historically expensive — top of its own range
Port of Los Angeles VLSFO927
91
734 – 1035Historically expensive — top of its own range
Port of Rotterdam HSFO595
85
463 – 777Historically expensive — top of its own range
Port of Rotterdam MGO1051
74
782 – 1234Mid-range, no distinctive signal
Port of Rotterdam VLSFO680
58
534 – 746Mid-range, no distinctive signal
Port of Santos MGO994
54
740 – 1236Mid-range, no distinctive signal
Port of Santos VLSFO694
55
534 – 806Mid-range, no distinctive signal
Port of Singapore HSFO525
63
397 – 623Mid-range, no distinctive signal
Port of Singapore MGO1057
74
789 – 1220Mid-range, no distinctive signal
Port of Singapore VLSFO738
71
556 – 1035Mid-range, no distinctive signal
Deep-sea freight rates (PPI)459
93
419 – 592Historically expensive — top of its own range
Marine cargo-handling (PPI)167
100
166 – 178Historically expensive — top of its own range

Cycle position is where the current price sits inside its own five-year range. The read is a description of measured history — range position, trend, volatility and calendar — never a forecast. The 12-month range is the span the price has historically occupied over that horizon; the central path only bends where a model has beaten a naive baseline out-of-sample. Not investment advice.