Category archives: News

Daily DCE Review 8/6/21

Iron ore futures dipped slightly after a volatile trading session, amid softening steel prices and narrowing margins. The futures of Dalian Commodity Exchange (DCE) for September delivery then inched down slightly by 0.73% on-day or down RMB 8.50 to RMB 1,149/mt on Tuesday. The steel rebar contract on the Shanghai Futures Exchange also dropped by …

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Daily Capesize Review 7/6/21

Capesize freight rates continued to soften from the sluggish physical market due to poor shipping fundamentals. The Capesize 5 time charter average, then dropped by $475 day-on-day to $20,458 on Monday, after a lacklustre trading session. The Baltic Dry Index (BDI) also fell further by 0.41% or 10 points on-day to 2,428 readings, due to …

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FIS Fuel Oil Morning Report 08/06/21

At 11.05am Singapore time (0305 GMT), the ICE Brent August contract was down 66 cents/b (0.92%) from the previous settle at $70.83/b, while the July NYMEX light sweet crude contract was down 63 cents/b (0.91%) at $68.60/b.   Crude rally came to an abrupt halt after reaching fresh two-year highs yesterday as investigations over the …

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