*Could There be Another Storage Boom* As the independent teapot refineries in the Chinese Shandong region increase their run rate, storage is once again reaching its limit. This greater run rate, is in attempt to de-congest the multiple VLCC’s waiting to discharge in Chinese waters. Demand for refined product is slowly starting to come online, …
Category archives: News
Ferts in Focus 15/07/20
India to tender again Thursday saw the announcement of India’s next urea purchasing tender. It was inevitable and widely expected, but the usual rigmarole in the lead up was spared and the announcement largely caught the market by surprise. The purchasing tender issued by MMTC is for an unspecified quantity of urea for shipment by …
Fertilizer Financial Markets Commentary/Curves
London Iron Ore Market Report
Supramax & Handysize FFA Daily Report
Capesize & Panamax FFA Daily Report
FIS LONDON COKING COAL MARKET REPORT
Fuel Oil Daily Evening Report
FIS Capesize Technical Report
Steel margins—King of the Hill
Iron ore futures have been – and remain – an enigma in the commodity markets since the start of the COVID-19 pandemic. The widow-maker is the title of one article on Bloomberg and this is hard to argue; the rhetoric has been about the correction that is coming, not the bull market we have been …