*WTI edges higher but products dip as US Gulf braces for Laura US crude was on the up as of 26th August as the region prepares for hurricane Laura, which is sweeping across the southern coast, yet demand for other products weakens S&P reports. NYMEX October WTI settled higher at $0.04 for the day whilst …
Category archives: News
DCE finishes lower on output restriction concerns
Iron ore futures opened high but closed lower due to market concerns over lower demand from output restriction in Tangshan. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange then dipped slightly by 0.43% or RMB 3.50 day-on-day to RMB 814.50 per tonne on Thursday. Meanwhile, the steel rebar contract on …
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Steel and Scrap News 27/8/20
*Turkish Scrap Turkish Deepsea import scrap prices rebound as buying activity resumes. Deepsea Turkish import scrap prices strengthened, as one Marmara mill was heard to book three cargoes, breaking a two-week long silence in the market. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) at $284.50/mt CFR on Aug. …
Morning Oil Report 27/8/20
Good morning all. Brent futures for October, which expire on Friday, rose 13 cents, or, 0.3% to $45.77 a barrel by 5:40 am GMT. The more active November Brent contract was up 10 cents at $46.26 per barrel. WTI futures rose 1 cent to $43.40 a barrel. Hurricane Laura, a Category 4 storm, continued …
London Iron Ore 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 (FL): +1 813 490 6630
Supramax & Handysize FFA Daily 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 (FL): +1 813 490 6630
Capesize & Panamax FFA Daily 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 (FL): +1 813 490 6630
Evening Oil Report 26/8/20
Click below link for the Evening Oil Report For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Castaway Podcast – Episode 22
Storm clouds are brewing in the US, but for now it’s all clear at the FIS offices where the team are joined by Richard Heath, Senior Manager of group Strategy at EEX, to discuss developments in the dry and container freight futures markets, together with our usual comment and analysis across FIS products Available …
Capesize rates inch up on firm Pacific market
Capesize freight rates continued its upward climb on bullish market sentiments with firmer Pacific market. The Capesize 5 time charter average then rose by $708 day-on-day to $19,015 on Tuesday, with the September contracts reaching a high of $23,100, while the October contracts at high $23,150. Riding on the good freight rates, the Baltic Dry …
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