FIS Singapore Iron Ore Derivatives Report 19/07/21

Market Commentary Iron ore futures were under pressure on Monday as China’s green push casts doubt on China’s steel demand outlook. China’s efforts to curb steel-related emissions through output cuts this year have so far failed to clamp down on surging iron ore prices, but the Chinese authorities aren’t giving up yet, signalling that they …

ENGINE: East of Suez Bunker Fuel Market Update 19/7/21

East of Suez bunker prices have dropped further from Friday’s levels, as Brent crude values have come under pressure.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($11/mt), Singapore ($8/mt) and Fujairah ($5/mt) LSMGO prices down in Zhoushan ($15/mt), Fujairah and Singapore ($8/mt) HSFO380 prices down in …