Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 16/06/2021

Market Commentary Iron ore futures extended its losses on Wednesday following increased shipments from major suppliers, while traders are also sweating over potential government controls. Iron ore shipments from Australia and Brazil stood at 26.14 million tonnes last week, up 4.4% from a week ago, data from Mysteel showed. The increased shipments have eased market …

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FW: FIS Castaway Podcast – Episode 59 16/06/21

    FIS Castaway Podcast – Episode 59   As Capes jump over 50% week on week, we discuss the ‘extra-terrestrial’ trajectory and where it could go, as well as the oil and iron ore markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-59/   Spotify https://open.spotify.com/episode/5sy3C4Augg8INXB8KvmnXH?si=JbbHCdEdSWqjuuf9KqNQuQ&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-59/id1507094242?i=1000525720614         Disclaimer: This podcast is a …

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FIS Fuel Oil Morning Report 16/06/21

At 10:23 am Singapore time (0223 GMT), the ICE August Brent futures contract was up 62 cents/b (0.84%) from the previous settle at $74.61/b while the NYMEX July light sweet crude contract was up 59 cents/b (0.82%) at $72.71/b.   API figures last night posted a larger than expected draw on crude to the tune …

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