ENGINE: Americas Bunker Fuel Market Update 19/10/21

Bunker fuel prices have mostly come down with Brent across the Americas, and availability remains tight in Panamanian and several South American ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($28/mt) and Houston ($3/mt), and down in New York ($7/mt), Zona Comun ($6/mt) and Balboa …

Capesize Technical Report (Are Resistance Levels About To Be Tested?)

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FIS Singapore Iron Ore Derivatives Report 19/10/21

Market Commentary Iron Ore futures ticked up on Tuesday despite the weaker demand outlook. Iron ore port inventories up for the second week after golden week since Tangshan port evacuation was impacted by environment protection. China Iron ore port congestion remained severe, the latest port data from Mysteel said a yearly high figures of 204 …

ENGINE: East of Suez Bunker Fuel Market Update 19/10/21

East of Suez bunker prices have come down from multi-month highs under pressure from declining Brent values, and while VLSFO remains tight in Singapore, its price has dipped further below those in regional ports.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Singapore ($21/mt), Fujairah ($12/mt) and Zhoushan …

ENGINE: Europe & Africa Bunker Fuel Market Update 19/10/21

Bunker prices have dipped from multi-year highs in Rotterdam and Gibraltar, and rough weather could hamper anchorage bunkering in the Gibraltar Strait today.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($4/mt), and down in Rotterdam ($12/mt) and Gibraltar ($10/mt) LSMGO prices up in Gibraltar ($2/mt), and down in …

Daily DCE Review 19/10/21

Iron ore futures rebounded from recent losses, due to lower shipments from miners based in Australia and Brazil. The futures of Dalian Commodity Exchange (DCE) for January delivery then inched up slightly by 0.07% day-on-day or up RMB 0.50 to RMB 707/mt, during the day trading session on Tuesday. The rebar futures also rose by …