Monthly archives: September 2021

Daily Virtual Steel Mill Report 22/9/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         OECD predicted that the global economic increase at 5.7% in the year 2021, G20 growth rate at 6.1%, down 0.1% and 0.2% respectively from the last expectation in May. China growth rate at 8.5% in the year 2021, and 5.8% in the year 2022, unchanged from …

Continue reading “Daily Virtual Steel Mill Report 22/9/21”

ENGINE: Americas Bunker Fuel Market Update 21/9/21

Bunker prices are mostly trending downwards in the Americas, and bunkering is expected to resume in Zona Comun with calmer weather tomorrow.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($25/mt), steady in Houston, and down in Zona Comun ($8/mt), New York ($4/mt) and Balboa ($3/mt) …

Continue reading “ENGINE: Americas Bunker Fuel Market Update 21/9/21”

FIS Morning Report Tanker FFA 22-09-21

News Headlines: OIL DAYBOOK EUROPE: ConocoPhillips Demand Optimism; OPEC+ Supply (Bloomberg) ConocoPhillips sees oil demand returning to pre-pandemic levels by early next year as crude consumption rises around the world, supporting higher commodity prices, Chief Executive Officer Ryan Lance said. Oil supply, on the other hand, will remain constrained, he said. * OIL FUTURES: Oil …

Continue reading “FIS Morning Report Tanker FFA 22-09-21”