Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 22/10/2021

Market Commentary Iron ore found some support and rebounded on Friday on recovered China imported iron ore prices and sales after days of softening. At the moment higher grade iron ore productions demand has recovered modestly with comparably healthy steel margins. From market source, some physical traders purchased Brazilian ore to bet on its higher …

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Supramax Nov 21 Morning Technical Comment – 240 Min 22/10/21

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FIS Fuel Oil Morning Report 22/10/21

At 11:15 am Singapore time (0315 GMT), the ICE December Brent futures contract was down 36 cents/b (0.43%) from the previous close at $84.25/b, while the NYMEX November light sweet crude contract fell 29 cents/b (0.35%) at $82.21/b.   Oil prices came under pressure yesterday, dragged down by the broader weakness seen across the commodities …

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