Category archives: News

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

Bunker prices have seen small gains in East of Suez ports in the past day, after dropping in the previous two days.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($4/mt), Zhoushan ($3/mt) and Fujairah ($2/mt) LSMGO prices up in Zhoushan, Fujairah and Singapore ($4/mt) HSFO380 prices …

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ENGINE: Europe & Africa Bunker Fuel Market Update 21/7/21

European and African bunker prices are mostly rangebound, while Rotterdam’s low sulphur prices have extended their declines.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($3/mt) and Gibraltar ($2/mt), and down in Rotterdam ($11/mt) LSMGO prices up in Durban ($4/mt), steady in Gibraltar, and down in Rotterdam ($6/mt) HSFO …

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Daily DCE Review 21/7/21

Iron ore futures faced a selloff in the day session, due to market concerns over firmer commodities’ price controls and bad weathers that affected transportation and logistics in Henan, China. The futures of Dalian Commodity Exchange (DCE) for September delivery then slumped down by 3.85% day-on-day or RMB 47 to RMB 1,174/mt during the day …

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ENGINE: Americas Bunker Fuel Market Update 20/7/21

Bunker prices have mixed direction in key Americas ports, as Brent has recovered to just above $69/bbl after tumbling yesterday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($15/mt) and Balboa ($1/mt), and down in Los Angeles ($6/mt), Zona Comun ($5/mt) and Houston ($3/mt) LSMGO prices …

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Iron Ore DCE Sep Daily Technical Review 21/7/21

Verdict – Short-term bearish. DCE iron ore September corrected significantly with increasing trading volume. Hourly MACD created dead cross. Hourly slow stochastic KDE created dead cross below overbought area, indicated a market reversal. CCI created a double top area. Technical signals were indicating the correction potentially continues. The first support is 1152.0, the first resistance …

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