FIS Singapore Iron Ore Derivatives Report 23/09/21

Market Commentary Iron ore futures retreated on Thursday after a robust rally on Wednesday as traders are optimistic of a pickup in autumn demand in China. Rebar inventories fell for a seventh week. According to the latest data by Mysteel, total rebar inventories currently stood at 9.83 million tonnes, down 5.2% from a week ago. …

Daily DCE Review 23/9/21

Iron ore futures booked more gains as restocking activities increased in preparation for the upcoming Golden week holidays in October. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 3.89% day-on-day or up RMB 25 to RMB 667/mt, during the day trading session on Thursday. The rebar future also jumped up …

FIS Castaway Podcast – Episode 73

 The Future of Fuel Oil   With ESG concerns at the forefront, and debate on the future of bunker fuels, we ask our ‘oracle’ at Integr8 fuels, Anton Shamray, for his thoughts on the future direction of this vital market.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-73/   Spotify – https://open.spotify.com/episode/3jqV1Y0z4wAZfX8mOYjHLQ?si=3MnFsI84TiGCoDUjyAvdKg&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-73-future-of-fuel-oil/id1507094242?i=1000536257246   …

FIS Singapore Iron Ore Derivatives Report 22/09/21

Market Commentary Iron ore futures rebounded above $100 due to low rebar inventories. Rebar stocks across commercial warehouses in China have been on a decline for the last two months while production also fell in the last two weeks. According to Steelbank, construction steels inventories were down 4.05% from a week ago to 7.26 million …