Monthly archives: March 2021

Supramax March 21 Morning Technical Comment – 240 Min 18/03/21

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Daily DCE Review 18/3/21

Iron ore futures went up higher on tighter steel inventory, amid better downstream demand as trade participants prepared for the construction season. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then went up by 2.45% day-on-day or up RMB 26 to RMB 1,089/mt on Thursday. The steel rebar contract on the …

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FIS Fuel Oil Morning Report 18/03/21

Brent crude was down 37 cents, or 0.5%, at $67.63 a barrel by 0535 GMT after dropping 0.6% on Wednesday. U.S. oil was also down 32 cents, or 0.5%, at $64.28 a barrel, having fallen 0.3% the previous session.   EIA week ending 3/12 Crude oil: +2.4M Gasoline: +0.5M Distillates: +0.3M Refiner utilz: 76.1% Impld …

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