News Headlines: Shipping Moving Towards Zero-Emission Period, but Pace is Still Quite Slow (Hellenic) More needs to be done, in order for shipping to transition to the zero-carbon era. The industry is estimated to be responsible for approx. 3.0% of global CO2 emissions, but several scientists have projected that the …
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Fertilizer Market Report 23/08/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …
Singapore Iron Ore Derivatives 23/08/21
Iron Ore Market Update Market Commentary Iron ore declined on Monday as investors remained unconvinced by the recent uptick in restocking activities ahead of the peak demand season. Steel demand outlook remains a big concern to many trade participants despite the peak demand season is fast approaching due to the ongoing production curbs. The Commonwealth …
Morning Fuel Oil Report 23/08/21
Morning Oil Report At 10:58 am Singapore time (0258 GMT), the ICE October Brent futures contract was up 87 cents/b (1.33%) from the previous close at $66.05/b, while the NYMEX October light sweet crude contract was 74 cents/b (1.19%) higher at $62.87/b. The pandemic still provides the oil market with a sense of …
Singapore Iron Ore Derivatives 20/08/21
Iron Ore Market Update Market Commentary Iron ore rebounded on Friday, but any gains were largely capped as concerns over faltering steel demand linger. Some market participants have likened the uptick to the minimal increase of steel inventories. According to the data published by Mysteel, steel inventories among Chinese steel mills had only …
ENGINE: Global Bunker Fuel Market Update 20/08/21
ENGINE: Global Market Update Global bunker prices are moving in mixed directions today amid steady Brent values. Changes in the day to 08.00 GMT today: VLSFO prices down in Singapore ($1/mt), steady in Rotterdam and Gibraltar and up in Fujairah ($1/mt) and Houston ($5/mt) LSMGO prices down in Singapore ($3/mt), Rotterdam ($2/mt) and …
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Fertilizer Market Report 19/08/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Tanker Morning Report 20/08/21
News Headlines: Shipping Moving Towards Zero-Emission Period, but Pace is Still Quite Slow (Hellenic) More needs to be done, in order for shipping to transition to the zero-carbon era. The industry is estimated to be responsible for approx. 3.0% of global CO2 emissions, but several scientists have projected that the sector could account for …
Morning Fuel Oil Report 20/08/21
Morning Oil Report At 11:57 am Singapore time (0357 GMT), the ICE October Brent futures contract was up 32 cents/b (0.47%) from the previous close at $66.77/b, while the NYMEX September light sweet crude contract was 34 cents/b (0.53%) higher at $64.03/b. Oil prices rose on Friday, pulling up from three-month lows, but …
Morning Steel and Scrap Report 19/08/21
FOB China HRC The index fell by $6/t yesterday (18.8.21) to US$919/t, MTD US$927.58/t. Beijing has pushed a “common prosperity” objective to reduce economic inequality, raising risks of an economic slowdown during the regulatory reset. Policymakers said they can counter that risk with monetary and fiscal support. Beijing also plans to add more …