Dalian Commodity Exchange (DCE) is closed for public holidays in China, before reopening in Sep 22. The long break could not hide the growing bearish market sentiment as iron ore prices slid toward the $100/mt mark, after a series of price corrections for last 4-5 weeks. More corrections might follow after the holidays as China’s …
Monthly archives: September 2021
Fertilizer Market Report 17/9/21
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Daily Capesize Review 17/9/21
Capesize freight rates rebounded from a series of corrections, after gains were made in both basins. The Capesize 5 time charter average, then rose by $959 day-on-day to $53,240 on Friday, despite the absence of Chinese trade participants as they prepared for holiday celebrations. The Baltic Dry Index (BDI) then jumped by $60, up 1.42% …
London Coking Coal Market Report 17/09/21
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London Iron Ore Market Report 17/09/21
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Supramax & Handysize FFA Daily Report 17/09/21
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Capesize & Panamax FFA Daily Report 17/09/21
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Fuel Oil Daily Evening Report 17/09/21
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ENGINE: East of Suez Bunker Fuel Market Update 17/9/21
Bunker prices are mostly down across East of Suez hubs as Brent has slipped on the day. Changes on the day to 16.00 SGT (08.00 GMT) today: · VLSFO prices down in Singapore ($6/mt), Fujairah ($4/mt) and Zhoushan ($2/mt) · LSMGO prices down in Fujairah ($12/mt), Singapore ($5/mt) and steady in Zhoushan · HSFO380 …
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ENGINE: Europe & Africa Bunker Fuel Market Update 17/9/21
European and African bunker prices are hovering close to two-months highs after a day of steady levels. Changes on the day to 08.00 GMT today: · VLSFO prices steady in Rotterdam, and down in Durban ($3/mt) and Gibraltar ($2/mt) · LSMGO prices steady in Gibraltar, and down in Rotterdam ($3/mt) and Durban ($2/mt) · …
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