ENGINE: Europe & Africa Bunker Fuel Market Update

European and African bunker prices are down from Friday’s highs, and rough weather has delayed some bunker deliveries in Gibraltar and Las Palmas.   Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam and Durban ($11/mt) and Gibraltar ($4/mt) LSMGO prices down in Durban ($15/mt), Rotterdam ($7/mt) and Gibraltar ($6/mt) HSFO …

ENGINE: East of Suez Bunker Fuel Market Update 02/08/21

Bunker prices have come down with Brent across East of Suez ports, and Singapore’s VLSFO price has moved to wider premiums over regional bunkering hubs.   Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices down in Zhoushan ($11/mt), Fujairah ($9/mt) and Singapore ($8/mt)   LSMGO prices down in Singapore ($13/mt), …

Daily DCE Review 2/8/21

Iron ore futures dipped slightly at the start of the new month, following market bearish sentiments on lower steel demand and poor economic indicators. The futures of Dalian Commodity Exchange (DCE) for September delivery then dipped by 0.85% day-on-day or down RMB 9 to RMB 1,054/mt during the day trading session on Monday. The rebar …