FIS API Blog
Physical Trades Platform Corex traded 75,000 mt PBF + 85,000 mt PB lump at Platts Oct Index + $1/ + $1.5/mt for Oct 24 – Nov 2 loading. GO traded 80,000 mt Mac fines Fe 62% at $116.30/mt for Nov 6-15 loading. Corex traded 90,000 mt Yandi fines Fe 56.7% at AM[2021-11-01,2021-11-30],62%,-$21.80/mt for Nov 6-15 …
Continue reading “FIS Singapore Iron Ore Derivatives Report 14/10/21”
Global bunker prices have moved in mixed directions across ports today, as Brent values have inched up by 1%. Changes in the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($6/mt), Houston ($3/mt), Rotterdam ($2/mt) and up Fujairah ($6/mt) and Singapore ($5/mt) LSMGO prices down in Gibraltar ($4/mt), Houston ($2/mt), Singapore ($1/mt) …
Continue reading “ENGINE: Global Physical Bunker Market Update 14/10/21”
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
Iron ore futures continued to decline amid bearish market sentiments on power rationing that limited steel output and raw materials demand. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 2.90% day-on-day or down RMB 22 to RMB 736/mt, during the day trading session on Thursday. The rebar futures also dipped …
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
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
Capesize freight rates continued to decline on bearish market sentiments upon market uncertainty over demand. The Capesize 5 time charter average, then slid by $4,995 day-on-day to $74,540 on Wednesday, following an extended selloff session. The Baltic Dry Index (BDI) also dropped by $172, down 3.20% day-on-day, to $5,206, due to weakening freight rates. …
Verdict – Short-term neutral. DCE iron ore January contract maintained neutral in short-run after a round of rebound from late September. However iron ore potentially keep pushing if a new breakthrough on 748.0-753.5 area. Hourly KD created gold cross above oversold area. Hourly CCI rebounded stably. Technical signals were indicating the correction motivation was limited …
Continue reading “Iron Ore DCE Jan Daily Technical Review 14/10/21”
Market Verdict on Iron Ore： · Neutral. Macro · China September Total Social Financing reached 2.9 trillion yuan, est. 3.05 trillion yuan, last 2.96 trillion yuan. China September M2 Monetary supply up 8.3% y-o-y, est. 8.2%, last 8.2%. · U.S. president Biden announced the biggest ports in U.S., Los Angeles port and Long Island Port …
News Headlines: Benchmark Oil Supertankers Turn Deeper Into Loss-Making Zone (Bloomberg) Earnings for hauling oil on the benchmark Middle East-to-China route dipped to -$301/day, according to Baltic Exchange data. * That’s down $295; rates edged lower on a Worldscale basis, to 40.27 * The biggest move for dirty tankers was on the TD9 Caribbean to …
