Category archives: News
Capesize & Panamax FFA Daily Report
Oil Evening Report 11/8/20
Click below link for the Evening Oil Report https://freightinvestorservices.com/wp-content/uploads/2020/08/110820Fuel-Oil-Swap-Daily-Report.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
Oil Through the Looking Glass 11/8/20
*Asian Refiners Grappling with Difficult Outlook A massive reduction in product demand, especially jet fuel, coupled with the increasing supply of crude into the market from OPEC is creating a challenging market environment for Asian refiners. Margins for Asia based refiners have been harder hit than other regions as closed arbs, and increased exports from …
Slow start to Capesize in view of holidays
Capesize rates slipped on the short week, with public holidays in Singapore and Greece that affected shipping activities. The Capesize 5 time charter average thus dipped by $215 day-on-day to $19,697 on Monday, in view of lacklustre physical market. Despite the weakness of Capesize, the Baltic Dry Index (BDI) gained slightly by 0.33% day-on-day to …
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Hi5 – The Rocket that Never Took Off
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DCE rebounds on lesser mainstream supply
Iron ore futures rebounded on Tuesday, after recent losses as the exchange issued a statement last week urging market participants to trade rationally. The most-traded iron ore for September delivery on China’s Dalian Commodity Exchange gained by 2.33% or RMB 19 day-on-day to RMB 834 per tonne on Tuesday. However, the Shanghai Futures Exchange dropped …
FIS LONDON COKING COAL MARKET REPORT
Steel and Scrap Report 11/8/20
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Morning Oil Report 11/8/20
Good morning all. Brent futures rose by 22 cents, or 0.5%, to $45.21 a barrel, as of 4:41 am GMT. WTI futures rose 32 cents, or 0.8%, to $42.26 a barrel. Despite the number of COVID-19 case counts worldwide topped 20 million, daily confirmed cases globally have been on the decline for three consecutive …