ENGINE: Americas Bunker Fuel Market Update 12/7/21

Most bunker prices have moved markedly down in the Americas, and Zona Comun’s VLSFO price has swung to discounts to some Brazilian ports further north.    Changes on the day to 09.30 CST (14.30 GMT) today:  VLSFO prices up in Balboa ($1/mt), and down in New York ($12/mt), Los Angeles ($11/mt), Zona Comun ($9/mt) and Houston ($5/mt)  …

FIS Singapore Iron Ore Derivatives Report 12/07/21

Iron Ore Market Update Market Commentary Iron ore futures endured a choppy Monday morning as investors steel supply and demand outlook amid China’s monetary support as well as an uptick in seaborne supply, while concerns of further production restrictions linger on. The Peoples’ Bank of China (PBOC) announced a broad cut in the reserve-requirement ratio …