Category archives: News

Iron Ore Offshore Dec 21 Morning Technical Comment – 240 Min Chart 15/11/21

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ENGINE: East of Suez Bunker Fuel Market Update 15/11/21

East of Suez fuel prices are mostly down on the day from Friday in response to slight fall in Brent crude, and VLSFO availability remains tight in Singapore.    Changes on the day from Friday, to 16.00 SGT (08.00 GMT) today:  VLSFO prices down in Fujairah ($10/mt), Zhoushan ($3/mt) and Singapore ($2/mt)  LSMGO prices up …

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ENGINE: Europe & Africa Bunker Fuel Market Update 15/11/21

Bunker prices have mostly been rangebound in Europe and Africa since Friday, while VLSFO prices have surged in Scandinavia amid tight prompt availability.   Changes on the day from Friday, to 08.00 GMT today: · VLSFO prices up in Durban ($5/mt), and down in Rotterdam and Gibraltar ($3/mt) · LSMGO prices down in Rotterdam ($4/mt) …

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Iron Ore DCE Jan Daily Technical Review 15/11/21

Verdict – Short-term neutral.   DCE iron ore Jan22 created a doji during the day with no significant direction. Short-run resistance fell on 560.0 – 561.0 area. Short-run support on 532.0 area which created a very fast rebound. Houlry MACD exhausted above 0 axis and became neutral. Hourly CCI fell to bearish boundary. Short-run technicals …

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