The seaborne markets often are lacking transparency due to a high concentration of the supply/ limited number of companies involved at various segments of the global supply chain, and differences in regional market composition (i.e China vs Europe). All this results in the available market information often can be biased depending on the prevailing market cycle in one way or another. The analysis of the actual shipments in real-time allows us to form an impartial most up-to-date view of the current situation along the global supply chain for individual regions as well as to form a much more accurate view of the price development in the immediate and the near terms. Furthermore, LCIB does not associate itself with any market participant nor relies on supply and demand side market participants. As a result, the market summaries provided represent the house view based on the current state of the market and rather suggest where the market indicators should realistically be at any given time.