The ultimate commodity market intelligence tool

The market carried a more constructive tone this week, but it was still shaped by winter operating conditions and selective demand rather than broad-based strength. Weather disruption in the North Atlantic created short-lived tightness and pockets of spot demand, while the Pacific remained more subdued and generally unchanged. Overall, activity was steady, but charterers were more measured, and owners with prompt positions were less willing to chase cargo aggressively.

With the U.S. on holiday, Paris futures traded on their own and were fairly muted despite a stronger EUR/USD and limited EU participation in recent North African tenders. The MATIF wheat H/K carry continued to shrink as U.S. markets reopened largely unchanged. Trump said he may slap a 200% tariff on French wine and champagne, while also reiterating his intent to take control of Greenland.

Mads and the Sparta team explored the impact of Trump’s tariffs, sanctions, and market inefficiencies on oil and freight trading, as well as how tariffs on Mexico, Canada, and China could reshape trade flows—discussed

Will Latin American countries continue to increase import of Russian wheat? Our colleague Indrek Aigro shared valuable insights at the Abitrigo Conference on shifting import and export trends in Latin America