FIS Fuel Oil Morning Report 08/09/21

At 10:40 am Singapore time (0240 GMT), ICE November Brent futures were 2 cents/b (0.03%) higher at $71.71/b while the NYMEX October WTI contract was up 14 cents/b (0.20%) at $68.49/b.   Chinese crude imports in August rose 8% on the month to 10.53 million b/d, or 44.53 million mt, according to General Administration of …

FIS Singapore Iron Ore Derivatives Report 07/09/21

Market Commentary Iron ore rebounded on Tuesday on concerns that the world’s top producers may miss annual export guidance, while there are also market talks of increased usage of higher-grade fines. Supply guidance from major iron ore producers may be under threat due to coronavirus restrictions. UBS Group forecast Vale SA and Rio Tinto Group may miss …