Ferrous Market – Shanghai 16-25mm rebar consolidate from 3670- 3690 yuan for previous 6 weeks. However Rizhao PBF increased 18.63% during the same period. Thus many northern mills rebar profit has been squeezed to negative area. Mills started to think about decrease sintering ores and increase proportion of lumps, which currently running at historical low …
Monthly archives: August 2020
Morning Oil Report 24/8/20
Good morning all. Brent futures were down 2 cents, or 0.1%, to $44.33 a barrel by 3:16 am GMT, while WTI futures slipped 2 cents, or 0.1%, to $42.32 a barrel. With the markets moving into a soft contango and the front-month struggling to breakout topside even as broader risk market stabilize, traders have …
London Iron Ore Market Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Supramax & Handysize FFA Daily Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Capesize & Panamax FFA Daily Report
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Evening Oil Report 21/8/20
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FIS Agri-Freight Report 21/08/2020
Click below link to view the Agri-freight report https://fisapp.com/wp-content/uploads/2020/08/Agri-Freight-Report-21.08.20.pdf For more information please contact FIS Agri freight Desk luisf@freightinvestor.com London +44 (0) 207 090 1120 Direct +44 (0) 7543223444
Supply tightness push iron ore prices to further height
A total of 2.035 million mt of iron ore was exchanged hands for the week ended Aug 21, with Australian fines accounting most of the trades. Australia’s Mac fines garnered most of the market share at 18.67%, followed by Jimblebar fines at 17.69%, while the Brazil’s Carajas fines coming in third at 14.50%. During the …
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DCE corrects upon cautious trading
Iron ore futures closed lower by the end of the week, as more buyers became cautious after iron ore prices reached a record-high level earlier in the week. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange dropped by 1.29% or RMB 11 day-on-day to RMB 841.50 per tonne on …
Ship Shape – A Sleeping Bull in a China Shop
Sleepy Joe may have confirmed Kamala Harris as his running mate for the US Presidency, but there is another sleepy factor lurking in the background, ready to bring either fireworks or a quiet slide into obscurity towards the end of this year. The world has endured a period of huge upheaval. From the virus outbreak …
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