Category archives: News

FIS Singapore Iron Ore Derivatives Report 29/09/21

Market Commentary Iron ore futures advanced to above $115 on Wednesday following a pickup in restocking activities. Chinese trade participants have intensified their restocking ahead of the week-long Nation Day holiday starting from 1 October. The restocking came despite the outlook over the post-holiday demand remains somewhat mixed while there are growing concerns over raw …

Continue reading “FIS Singapore Iron Ore Derivatives Report 29/09/21”

ENGINE: East of Suez Bunker Fuel Market Update 29/09/21

Bunker prices have dropped across East of Suez ports today, as Brent has slipped by $2/bbl on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($11/mt), Zhoushan ($10/mt) and Singapore ($3/mt) LSMGO prices down in Fujairah ($14/mt), Singapore ($11/mt) and Zhoushan ($8/mt) HSFO380 prices down …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 29/09/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 29/09/21

Bunker prices have slipped from yearly highs in Europe and Africa, tracking a $2/bbl Brent drop amid renewed global oil demand concerns and profit-taking among investors.   Changes on the day to 08.00 GMT today:   VLSFO prices down in Durban ($17/mt), Gibraltar ($11/mt) and Rotterdam ($8/mt) LSMGO prices up in Gibraltar ($3/mt), and down …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 29/09/21”