Monthly archives: November 2021

ENGINE: Europe & Africa Bunker Fuel Market Update 26/11/21

Bunker prices in Europe and Africa have slumped with Brent amid fresh Covid-19 concerns, and bunker deliveries have been delayed by unfavourable weather conditions in Mediterranean ports.   Changes on the day to 08.00 GMT today: VLSFO prices down in Durban ($23/mt), Gibraltar ($20/mt) and Rotterdam ($12/mt) LSMGO prices down in Durban ($37/mt), Gibraltar ($23/mt) …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 26/11/21”

ENGINE: East of Suez Bunker Fuel Market Update 26/11/21

East of Suez bunker prices have come off sharply with Brent as the discovery of a new Covid-19 variant has triggered renewed oil demand concerns.   Changes on the day to 16.00 SGT (08.00 GMT) VLSFO prices down in Zhoushan ($22/mt), Singapore and Fujairah ($21/mt) LSMGO prices down in Zhoushan ($27/mt), Fujairah ($26/mt) and Singapore …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 26/11/21”

Daily DCE Review 26/11/21

Iron ore futures fell after a series of bullish run, as market sentiment turned bearish due to output restriction measures aimed to improve air quality. The futures of Dalian Commodity Exchange (DCE) for January delivery then plunged by 6.65% day-on-day or down RMB 41 to RMB 575.50/mt, during the day trading session on Friday. The …

Continue reading “Daily DCE Review 26/11/21”