Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 30/07/21

Market Commentary Iron ore futures plunged below $180 for the first time since June as China steps up measures to clean up the steel sector, stoking fears among investors that Chinese demand will wane. Authorities had been attempting to cap steel output below last year’s record, but it had proved unsuccessful so far, with production …

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ENGINE: East of Suez Bunker Fuel Market Update 30/07/21

East of Suez bunker prices are rising for another day as Brent is on track for a weekly gain.   Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices up in Singapore ($6/mt), Fujairah ($5/mt) and Zhoushan ($2/mt)   LSMGO prices up in Singapore ($3/mt), Zhoushan and Fujairah ($2/mt)   HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 30/07/21

European and African bunker prices have made fresh gains at the end of the week, and rough weather has delayed bunkering in Gibraltar and Algoa Bay.   Changes on the day to 08.00 GMT today:   VLSFO prices up in Rotterdam ($6/mt), Gibraltar ($3/mt) and Durban ($1/mt)   LSMGO prices up in Gibraltar and Durban …

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