Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 14/10/21

Physical Trades Platform Corex traded 75,000 mt PBF + 85,000 mt PB lump at Platts Oct Index + $1/ + $1.5/mt for Oct 24 – Nov 2 loading. GO traded 80,000 mt Mac fines Fe 62% at $116.30/mt for Nov 6-15 loading. Corex traded 90,000 mt Yandi fines Fe 56.7% at AM[2021-11-01,2021-11-30],62%,-$21.80/mt for Nov 6-15 …

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FIS Morning Report Tanker FFA 14 -10-21

News Headlines: Benchmark Oil Supertankers Turn Deeper Into Loss-Making Zone (Bloomberg) Earnings for hauling oil on the benchmark Middle East-to-China route dipped to -$301/day, according to Baltic Exchange data. * That’s down $295; rates edged lower on a Worldscale basis, to 40.27 * The biggest move for dirty tankers was on the TD9 Caribbean to …

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FIS Fuel Oil Morning Report 14/10/21

At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 9 cents/b (0.11%) from the previous close at $83.27/b, while the NYMEX November light sweet crude contract was 5 cents/b (0.06%) higher at $80.49/b.   API Crude +5.213MM Gasoline -4.575MM Distillate -2.707MM Cushing -2.275MM   US crude inventories rose 5.2 …

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