Monthly archives: September 2021

ENGINE: East of Suez Bunker Fuel Market Update 24/9/21

Bunker prices are rising across East of Suez ports today, as Brent has gained more than $1/bbl on the day to trade above $77/bbl.   Changes on the day to 18.30 SGT (10.30 GMT) today: VLSFO prices up in Fujairah ($5/mt), Singapore ($3/mt), and steady in Zhoushan LSMGO prices up in Singapore ($14/mt), Fujairah ($12/mt) …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 24/9/21”

Ferrous trade weekly review 24/9/21

A total of 750,000 mt of iron ores was traded for the week ended Sep 24, up 10.3% on-week, amid better restocking activities. Restocking of iron ore stepped up pace as Chinese trade participants returned from public holidays, while they started to replenish stocks to prepare for another week-long holiday period in early October. During …

Continue reading “Ferrous trade weekly review 24/9/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 24/9/21

Bunker prices are mostly rangebound across European and African bunker hubs as they resist some of Brent’s upward push, while other prices have been pulled down by lower-priced stems.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($1/mt), steady in Gibraltar, and down in Durban ($16/mt) LSMGO prices up …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 24/9/21”