FIS Singapore Iron Ore Derivatives Report 16/07/21

Market Commentary Iron ore futures advanced on Friday after Rio Tinto warned that iron ore supply had struggled to keep pace with consumption. The Australian miner flagged its iron ore shipments this year are likely to be at the low end of its forecast as the world’s top producer and rivals struggle to meet the …

ENGINE: East of Suez Bunker Fuel Market Update 16/7/21

East of Suez bunker prices are rising today, reversing some of yesterday’s sharp losses.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($5/mt), Zhoushan ($4/mt) and Fujairah ($3/mt) LSMGO prices up in Fujairah ($14/mt), Zhoushan ($7/mt) and down in Singapore ($5/mt) HSFO380 prices up in Zhoushan ($6/mt), …