Monthly archives: July 2021

FIS Singapore Iron Ore Derivatives Report 20/07/21

Market Commentary Iron ore futures advanced on Tuesday despite of concerns over faltering Chinese demand as the world’s biggest miners signalled a complex supply outlook. Brazil’s Vale, the world’s second largest iron ore producer, churned out 75.7 million metric tonnes in the second quarter, falling short of analyst’s average estimate of 78 million metric tonnes. …

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ENGINE: East of Suez Bunker Fuel Market Update 20/7/21

Bunker prices have extended yesterday’s losses with steep drops as Brent trades close to two-month lows.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($22/mt), Singapore ($17/mt) and Fujairah ($15/mt) LSMGO prices down in Zhoushan ($22/mt), Fujairah and Singapore ($15/mt) HSFO380 prices down in Zhoushan ($16/mt) and …

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ENGINE: Europe & Africa Bunker Fuel Market Update 20/7/21

Bunker prices are down for a second day in European and African ports as Brent remains close to two-month lows.   Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam ($20/mt), Durban ($5/mt) and Gibraltar ($3/mt) LSMGO prices down in Rotterdam ($15/mt), Gibraltar ($6/mt) and Durban ($5/mt) HSFO prices down in …

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