At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was down 98 cents/b (1.24%) from the previous close at $78.11/b, while the NYMEX November light sweet crude contract was 83 cents/b (1.10%) lower at $74.46/b. In inventory news, the American Petroleum Institute reported late Sept. 28 that US crude supplies …
Author archives: Edward Hutton
Fertilizer Derivatives End of Day Report 28/09/21
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Supramax & Handysize FFA Daily Report 28/09/21
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Capesize & Panamax FFA Daily Report 28/09/21
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London Iron Ore Market Report 28/09/21
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European Close 28/09/21
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Fuel Oil Daily Evening Report 28/09/21
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Iron Ore Oct 21 (rolling front month) 28/09/21
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Brent Daily technical 28/09/21
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FIS Singapore Iron Ore Derivatives Report 28/09/21
Market Commentary Iron ore futures slumped to near-$110 as China’s power crisis intensifies, dampening the consumption outlook for the raw material. China’s industrial sector is facing a power crunch that limits operations of steel works. According to Mysteel, over 80 steel mills in September suspended production for maintenance as some northern provinces have imposed power …
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