Monthly archives: November 2021

Panamax Dec 21 Morning Technical Comment – 240 Min 23/11/21

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ENGINE: Europe & Africa Bunker Fuel Market Update 23/11/21

Low sulphur bunker prices have ticked up across Europe and Africa, and suppliers continue to clear backlogs after weather disruptions in the Gibraltar Strait.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Rotterdam and Gibraltar ($6/mt) LSMGO prices up in Rotterdam ($10/mt), Durban ($9/mt) and Gibraltar ($6/mt) HSFO …

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ENGINE: East of Suez Bunker Fuel Market Update 23/11/21

East of Suez bunker fuel prices are mixed amid a slight rise in Brent crude, and bad weather is set to hamper bunker deliveries in South Korea.   Changes on the day to 16.00 SGT (08.00 GMT) VLSFO prices up in Singapore ($2/mt), and down in Fujairah ($6/mt) and Zhoushan ($2/mt) LSMGO prices up in …

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Oil and Ore Intraday Morning Technical 23/11/21

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Daily DCE Review 23/11/21

Iron ore futures increased on easing of steel output curbs, and higher steel prices that improved mills’ margins. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 7.81% day-on-day or up RMB 42.50 to RMB 587/mt, during the day trading session on Tuesday. The rebar futures however, inched down by 0.09% …

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