News Headlines: Oil prices pare earlier gains amid worries over COVID case spike (Reuters) Oil prices were mixed on Tuesday, paring earlier gains, as expectations that major producers will not boost supply any time soon were offset by worries over slowing global fuel demand amid a spike in the Delta variant of …
Monthly archives: August 2021
Morning Steel and Scrap Report 16/08/21
(ARGUS) FOB China HRC – The index was unchanged last Friday (13.8.21) at US$928/t, MTD US$928.44/t. China’s iron and steel association Cisa was heard to collect suggestions from some Chinese mills on the country’s 2022 import and export tax adjustments before 17 August, participants said. They were unclear whether it means China may …
London Coking Coal Market Report 16/08/21
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Supramax & Handysize FFA Daily Report 16/08/21
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Capesize & Panamax FFA Daily Report 16/08/21
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Fuel Oil Daily Evening Report 16/08/21
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London Iron Ore Market Report 16/08/21
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ENGINE: Global Bunker Fuel Market Update 16/08/21
ENGINE: Global Market Update Global bunker prices have dropped across ports, down from Friday’s levels and tracking lower Brent crude values. Changes in the day to 08.00 GMT today: VLSFO prices down in Rotterdam ($18/mt), Fujairah ($12/mt), Houston ($11/mt), Singapore ($9/mt) and Gibraltar ($7/mt) LSMGO prices down in Fujairah ($21/mt), Singapore ($13/mt), Rotterdam …
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Singapore Iron Ore Derivatives Report 16/08/21
Iron Ore Market Update Market Commentary Iron ore futures fell on Monday after China’s steel production plunged to a 15-month low in July as China’s efforts to cut emission are starting to take effect. According to official data, steel output fell by 8.4% on year to 86.8 million tonnes. However, over the first seven months, …
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Daily DCE Review 16/8/21
Iron ore futures opened high at the start of the week, recovering ground from previous slump last week, as restocking activities picked up among mills. The futures of Dalian Commodity Exchange (DCE) for September delivery then rose by 2.29% day-on-day or up RMB 19 to RMB 850.50/mt, during the day trading session on Monday. The …