Monthly archives: October 2021

FIS Singapore Iron Ore Derivatives Report 22/10/2021

Market Commentary Iron ore found some support and rebounded on Friday on recovered China imported iron ore prices and sales after days of softening. At the moment higher grade iron ore productions demand has recovered modestly with comparably healthy steel margins. From market source, some physical traders purchased Brazilian ore to bet on its higher …

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Ferrous trade weekly review 22/10/21

A total of 980,000 mt of iron ores was traded for the week ended Oct 22, a significant sharp decline of 64.87% from previous week at 2.79 million mt. Trade participants were concerned over the upcoming traditional low steel demand during winter season with market certainty variables over power crunch and sintering curbs. During the …

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ENGINE: Europe & Africa Bunker Fuel Market Update 22/10/21

European and African bunker prices have declined alongside Brent in most major ports, and prompt VLSFO availability has tightened in the ARA.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($2/mt), and down in Rotterdam and Durban ($5/mt) LSMGO prices down in Gibraltar ($12/mt) and Rotterdam ($9/mt) HSFO prices …

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ENGINE: East of Suez Bunker Fuel Market Update 22/10/21

Bunker prices are down across East of Suez ports, as Brent has dropped below $85/bbl and is on track for its first weekly drop since early September.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($6/mt), Fujairah ($3/mt) and Singapore ($2/mt) LSMGO prices down in Singapore ($16/mt), …

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Supramax Nov 21 Morning Technical Comment – 240 Min 22/10/21

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

Daily DCE Review 22/10/21

Iron ore futures continued its downward slide on market uncertainty over steel demand amid sintering restrictions. The futures of Dalian Commodity Exchange (DCE) for January delivery then dipped by 1.50% day-on-day or down RMB 10.50 to RMB 689.50/mt, during the day trading session on Friday. The rebar futures also dropped by 6.54% day-on-day or down …

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