FIS Singapore Iron Ore Derivatives Report 27/07/21

Market Commentary Iron ore futures were subdued on Tuesday despite mounting supply concerns as investors remain concerned over steel demand outlook. The BHP Group has indicated that Port Hedland, its main export gateway, will undergo a massive maintenance. Meanwhile, its Brazilian counterpart, Vale, said that its new mining projects are like to be delayed while …

ENGINE: East of Suez Bunker Fuel Market Update 27/7/21

Bunker prices have risen with Brent in East of Suez ports and recovered some of yesterday’s losses.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($8/mt), Fujairah ($1/mt), and steady in Zhoushan LSMGO prices up in Singapore ($3/mt), steady in Zhoushan, and down in Fujairah ($9/mt) HSFO380 …