At 10:20 am Singapore time (0220 GMT), the ICE November Brent futures contract was up 22 cents/b (0.28%) from the previous close at $79.75/b, while the NYMEX November light sweet crude contract was 25 cents/b (0.33%) higher at $75.70/b. The catalyst driving oil prices strength continues to be the bullish demand outlook and near-term …
Author archives: Edward Hutton
Fertilizer Derivatives End of Day Report 28/09/21
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European Close 27/09/21
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London Coking Coal Market Report 27/09/21
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Fuel Oil Daily Evening Report
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Capesize & Panamax FFA Daily Report 27/09/21
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Supramax & Handysize FFA Daily Report 27/09/21
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London Iron Ore Market Report 27/09/21
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Capesize Technical Report 27/09/21
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FIS Singapore Iron Ore Derivatives Report 27/09/21
Iron ore futures rallied to near $120 following a pickup in restocking activities ahead of the week-long Chinese National Day holiday. “Sentiment was supported by a sudden spike in steel mill profit margins, raising prospects of demand to increase from mills,” Australia & New Zealand Banking Group Ltd. wrote in a note. “Mills are also …
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