Monthly archives: July 2021

FIS Singapore Iron Ore Derivatives Report 19/07/21

Market Commentary Iron ore futures were under pressure on Monday as China’s green push casts doubt on China’s steel demand outlook. China’s efforts to curb steel-related emissions through output cuts this year have so far failed to clamp down on surging iron ore prices, but the Chinese authorities aren’t giving up yet, signalling that they …

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ENGINE: East of Suez Bunker Fuel Market Update 19/7/21

East of Suez bunker prices have dropped further from Friday’s levels, as Brent crude values have come under pressure.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($11/mt), Singapore ($8/mt) and Fujairah ($5/mt) LSMGO prices down in Zhoushan ($15/mt), Fujairah and Singapore ($8/mt) HSFO380 prices down in …

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ENGINE: Europe & Africa Bunker Fuel Market Update 19/7/21

19 July 2021 Bunker prices are tracking a 1% Brent price drop down as OPEC+ is set to increase output from August.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($16/mt), Rotterdam and Durban ($6/mt) LSMGO prices down in Rotterdam ($16/mt), Gibraltar ($14/mt) and Durban ($12/mt) HSFO prices down …

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