FIS API Blog
Bunker prices have mostly been rangebound in the Americas in the past day, while Houston has seen notable price gains against other ports. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($4/mt), steady in Balboa, and down in New York ($2/mt), Los Angeles and Zona Comun ($1/mt) …
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East of Suez bunker prices are down for a second day today, tracking lower Brent values ahead of today’s OPEC+ meeting. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($11/mt) and Singapore ($4/mt), and steady in Fujairah LSMGO prices down in Zhoushan ($9/mt), Fujairah ($3/mt) and Singapore …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 4/11/21”
European and African bunker prices have mostly dropped with crude after a big stock build in the US, and several Mediterranean ports are experiencing supply issues. Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam ($7/mt), Gibraltar ($3/mt) and Durban ($2/mt) LSMGO prices down in Rotterdam and Durban ($9/mt) and …
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News Headlines: Sinopec signs China’s largest long-term LNG contract with U.S. firm (Reuters) China’s Sinopec (600028.SS) has signed a contract with U.S. Venture Global LNG to buy 4 million tonnes of liquefied natural gas (LNG) annually for 20 years. The deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said …
NYMEX December WTI settled $3.05 lower at $80.86/b and ICE January Brent declined $2.73 to $81.99/b. EIA week ending 10/29 Crude oil: +3.3M Gasoline: -1.5M Distillates: +2.2M Refiner utilz: 86.3% Impld mogas demand: 9.50Mbpd The crude build was largely in line with recent market expectations. American Petroleum Institute data released late Nov. 2 …
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
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
Verdict – Short-term neutral. DCE iron ore Jan21 refreshed listed low during the last few minutes of night session yesterday. However iron ore strongly recovered this morning. DCE iron ore technically consolidate in a range box of 557.5- 597.0 area, price movement gradually slow down within this area. Hourly MACD indicated a neutral after narrowing …
Continue reading “Iron Ore DCE Jan Daily Technical Review 4/11/21”
Market Verdict on Iron Ore： · Neutral. Macro · U.S. FOMC meeting decided the market expected to start Taper during an unchanged interest rate by decreasing 15 billion U.S. dollars of T-Bond purchase per month. U.S. federal believed would support economic activities and jobs, at the same time counter against inflation risk. · U.S. ADP …
