Click below link to view the London Iron Ore Report https://fisapp.com/wp-content/uploads/2020/10/FIS-Iron-Ore-London-Report-26102020.pd For more information please contact FIS Iron Ore Desk ferrous@freightinvestor.com London Number +44 (0) 207 090 1120 Singapore: +65 6535 5189 Shanghai: +86 21 6335 4002
Category archives: News
Evening Oil Report 26/10/20
Click below link for the Evening Oil Report Click below link for the September Monthly Report https://fisapp.com/wp-content/uploads/2020/10/Monthly-Oil-Report-Sep-2020.pdf For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Singapore Iron Ore Derivatives Report 26/10/20
Market Commentary Iron ore extended its losses on Monday as investors weighed supply and demand, while casting a watchful eye on China’s Communist Party plenum. Iron ore port inventories rose for a seventh consecutive week last Friday to hit an 8-month high. In addition, there are growing signs that the strength of demand is wavering …
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Oil Through the Looking Glass 26/10/20
*Libya Lifts Force Majeure On El Feel Oil Field on Way To 1 Mil B/D Output* The El Feel oil field, also known as the Elephant, has had the force majeure lifted. The 70,000-bpd field is ramping up production to reach the target of 1 million barrels per day which would double current levels of …
Agri-Freight Report 26/10/20
Click below link to view the Agri-freight report https://fisapp.com/wp-content/uploads/2020/10/Agri-Freight-Report-26.10.20.pdf For more information please contact FIS Agri freight Desk luisf@freightinvestor.com London +44 (0) 207 090 1120 Direct +44 (0) 7543223444
DCE falls on supply glut
Iron ore futures continued to fall throughout the trading session due to high port inventory and slowing demand. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange then went down to an almost one-month low at RMB 760.50 per mt on Monday, down 3.31% on daily basis. The steel rebar contract …
Steel and Scrap Report 26/10/20
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Capesize rates firm up on improving market
Capesize freight rates continued the upward momentum on better market sentiments and improving physical markets. The Capesize 5 time charter average inched up by $212 day-on-day to $18,749 on Friday, despite some profit-takings during the trading session. The Baltic Dry Index (BDI) also went up by 1% or 14 points day-on-day to 1,415 readings, given …
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Morning Oil Report 26/10/20
Brent crude was down 89 cents, or 2.1%, at $40.88 by 0647 GMT. U.S. WTI dropped 89 cents, or 2.2%, to $38.96. Brent fell 2.7% last week and WTI dropped 2.5%. The weekend provided a plethora of different stories for crude and oil news this weekend in what has been a month predominantly dominated …
London Coking Coal Market Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630