Monthly archives: September 2021

Copper Technical Report (Elliott 5th wave?) 10/09/21

Please click below to view the report         For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630

FIS Singapore Iron Ore Derivatives Report 10/09/2021

Market Commentary Iron ore remained below $130 on expectations of increased supplies as well as worsening demand outlook as China’s emission targets are likely to drive further output curbs for the rest of the year. Iron ore futures did rebound to around $131 in Asia morning as inventory data points to better steel consumption. Mills’ …

Continue reading “FIS Singapore Iron Ore Derivatives Report 10/09/2021”

ENGINE: East of Suez Bunker Fuel Market Update 10/9/21

East of Suez bunker prices have moved moderately in mixed directions amid steady Brent values in the past day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($1/mt), and steady in Singapore and Zhoushan LSMGO prices up in Fujairah, and down in Zhoushan and Singapore ($3/mt) HSFO380 …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 10/9/21”

Ferrous trade weekly review 10/9/21

A total of 840,000 mt of iron ores was traded for the week ended Sep 10, amid a series of price correction due to low steel demand. Iron ore prices continued its corrections phrase, despite being at the traditional peak construction season. However, iron ore demand failed to gain tractions due to the extending steel …

Continue reading “Ferrous trade weekly review 10/9/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 10/9/21

Bunker prices are mostly rangebound amid steady Brent values in the past day, and bunkering remains suspended in Algoa Bay.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($5/mt), and down in Rotterdam ($9/mt) and Durban ($2/mt) LSMGO prices down in Rotterdam ($5/mt), Durban ($3/mt) and Gibraltar ($1/mt) HSFO …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 10/9/21”

Daily DCE Review 10/9/21

Iron ore futures opened high at the starting session, but the upward momentum then reversed into losses at the close. The futures of Dalian Commodity Exchange (DCE) for January delivery then inched down by 0.27% day-on-day or down RMB 2 to RMB 732.50/mt, during the morning trading session on Friday. The rebar future however, rose …

Continue reading “Daily DCE Review 10/9/21”