ENGINE: Americas Bunker Fuel Market Update 27/10/21

Most bunker prices have dipped with Brent across the Americas in the past day, while New York’s fuel oil prices have gained.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($14/mt), and down in Los Angeles ($12/mt), Balboa ($6/mt), Houston and Zona Comun ($3/mt) LSMGO prices …

ENGINE: East of Suez Bunker Fuel Market Update 26/10/21

Bunker prices have moved in mixed directions in East of Suez ports in the past day, and supplies are tight in major bunkering hubs.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price up in Fujairah ($2/mt), and down in Zhoushan and Fujairah ($9/mt)    LSMGO prices down in Zhoushan ($20/mt), …

ENGINE: Europe & Africa Bunker Fuel Market Update 26/10/21

Bunker prices are mostly rangebound in Europe and Africa, dipping slightly with Brent.   Changes on the day to 08.00 GMT today: VLSFO prices steady in Rotterdam, and down in Gibraltar ($4/mt) and Durban ($2/mt) LSMGO prices down in Rotterdam ($6/mt), Gibraltar ($4/mt) and Durban ($2/mt) HSFO prices up in Durban ($1/mt), and down in …

Weekly Virtual Steel Margin Report 26/10/2021

Market Verdict: – Iron ore short-run neutral to bullish. Macro Market Change and Money Movement: – The correction on both oil and coal symbolized the speculation of energy risk temporarily cooled. The headlines over weekends were contributed by the pilot version of China real estate tax came out. Major macro analysts from Asian based securities …