Daily Virtual Steel Mill Report 12/11/21

Market Verdict on Iron Ore: ·         Neutral. Macro ·         The European Commission raised its inflation outlook for the euro area this year and next year, which is expected to be 2.4% and 2.2% respectively, but it is expected that inflation in the euro area will slow significantly to 1.4% in 2023, lower than the 2% …

Supramax and Handy FFA Report 12/11/21

Please click below to view the report         Index Report below           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): …

Cape and Panamax FFA Report 12/11/21

Please click below to view the report         Index Report below           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): …

ENGINE: Americas Bunker Fuel Market Update 12/11/21

Bunker prices have mostly been rangebound in the Americas, and while VLSFO is widely available for prompt delivery dates in Houston and Los Angeles, their prices have gained against several other ports.    Changes on the day to 09.30 CST (14.30 GMT) today:  VLSFO prices up in Los Angeles ($9/mt), Houston ($5/mt) and Balboa ($3/mt), …

ENGINE: East of Suez Bunker Fuel Market Update 12/11/21

East of Suez bunker fuel prices are mixed amid a slight drop for Brent crude, and bunkering has resumed in South Korea.    Changes on the day to 16.00 SGT (08.00 GMT) today:  VLSFO prices up in Fujairah ($3/mt), steady in Zhoushan, and down and Singapore ($5/mt)  LSMGO prices up in Zhoushan ($3/mt), and down …

Morning Tanker FFA Report 12/11/21

News Headlines: Oil prices on track for weekly dip as dollar firms (Reuters) Oil prices fell on Friday, wiping out gains from the previous session, as the dollar continued to gain on bets the U.S. central bank will bring forward plans to raise rates to tame inflation. U.S. West Texas Intermediate (WTI) crude futures fell …