At 10:30 am Singapore time (0230 GMT), the ICE December Brent futures contract was down 4 cents/b (0.05%) from the previous close at $84.29/b, while the NYMEX November light sweet crude contract fell 5 cents/b (0.06%) at $82.39/b. OPEC+ misses target again, as some members struggle to raise oil output. **VLSFO strengthens amid …
Author archives: Edward Hutton
Base Morning Intraday Note 19/10/21
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Fertilizer Derivatives End of Day Report 19/10/21
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European Close 18/10/21
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Fuel Oil Daily Evening Report 18/10/21
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Supramax & Handysize FFA Daily Report 18/10/21
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Capesize & Panamax FFA Daily Report 18/10/21
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London Iron Ore Market Report 18/10/21
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Coking Coal Report 18/10/21
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FIS Singapore Iron Ore Derivatives Report 18/10/2021
Market Commentary With soaring energy costs threatening more supply disruptions, while power constraints and economic slowdowns putting demand at risk, investors weighed China’s economic prospects and iron ore futures fluctuated. Banks have downgraded its price forecast for iron ore in 2022. According to the National Bureau of Statistics, the output of crude steel in …
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