Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 13/07/21

Market Commentary Iron ore futures advanced on Tuesday as fresh imports data indicates resilient demand. China’s inbound shipments of the steelmaking raw material were relatively stable in June, compared with the previous month, pointing to steady demand in the world’s top steel producer. Iron ore imports stood at 89.4 million tonnes, down 0.4% month-on-month, the …

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FW: FIS Morning Report Tanker FFA 13-07-21

News Headlines: OIL DAYBOOK EUROPE: Virus Curbs Across Asia Threaten Recovery (Bloomberg) The fast-spreading delta virus variant is on the march through a largely unvaccinated Southeast Asia, forcing restrictions on work and mobility that are taking the shine off the wider region’s recovery in energy demand.     SUPERTANKER TRACKER: China-Bound At Four-Week High; U.S. …

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FIS Fuel Oil Morning Report 13/07/21

At 10:24 am Singapore time (0224 GMT), the ICE September Brent futures contract was up 16 cents/b (0.21%) from the previous close to $75.32/b, while the NYMEX August light sweet crude contract was up 17 cents/b (0.23%) at $74.27/b.   Brent crude oil complex remains in a mixed territory at present owing to the precarious …

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