Monthly archives: November 2021

Castaway Podcast Ep. 80 17/11/21

FIS Castaway Podcast – Ep. 80 Got that end of year feeling? Well the freight, oil and ferrous markets certainly do. Hear about what’s been going on in commodities this week on our podcast.     Click Below to Listen:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-80/   Spotify – https://open.spotify.com/episode/6f62I2nT7qahGY16OVvzZV?si=n8VjOhJCT1Sspfwwaep6bQ   iTunes – https://podcasts.apple.com/gb/podcast/episode-80/id1507094242?i=1000542205395

ENGINE: East of Suez Bunker Fuel Market Update 17/11/21

East of Suez fuel prices are down on the day in response to fall in Brent crude, and Japan has low supply of bunker fuels.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($18/mt), Fujairah ($15/mt) and Singapore ($9/mt)  LSMGO prices down in Fujairah ($16/mt), Singapore and …

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ENGINE: Europe & Africa Bunker Fuel Market Update 17/11/21

Bunker prices have mostly dipped with Brent in Europe and Africa, and rough weather could disrupt Gibraltar Strait bunkering for several days from today.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($4/mt) and Gibraltar ($1/mt), and down in Durban ($5/mt) LSMGO prices down in Gibraltar and Durban ($7/mt) …

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Daily DCE Review 17/11/21

Iron ore futures rallied from previous trading day slump, but slipped at the close, amid bearish market sentiment on steel demand.   The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 1.01% day-on-day or down RMB 5.50 to RMB 538.50/mt, during the day trading session on Wednesday.   The rebar futures …

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Morning Tanker FFA Report 17/11/21

News Headlines:   Analysis: Will gasoline prices drop in 2022? It depends on OPEC and U.S. shale (Reuters) Whether fuel pump prices fall in 2022 depends on two groups of producers who are struggling to increase oil output in the wake of the pandemic: OPEC and its allies and U.S. shale firms. The global oil …

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Iron Ore DCE Jan Daily Technical Review 17/11/21

Verdict – Short-term neutral. DCE iron ore Jan22 consolidated in narrow range for the previous 11 trading days. Hourly MACD potentially create a gold cross below 0 axis. Hourly slow stochastic KD rebounded. The market has significant support arround 530.0 area. Short-run a push with volume potenially trigger a big round of oversold rebound. 5 …

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