FIS API Blog
Bunker prices have bounced back with recovering crude values in the past day, and HSFO380 is tight with certain suppliers in the ARA and Canary Islands. Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Rotterdam ($10/mt) and Gibraltar ($5/mt) LSMGO prices up in Durban ($7/mt), Rotterdam ($6/mt) and …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 29/10/21”
Bunker prices have mostly recorded gains on the day, as Brent has rebounded after a three-day decline. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price up in Fujairah ($10/mt) and Singapore ($4/mt) LSMGO prices up in Zhoushan ($14/mt), Singapore and Fujairah ($4/mt) HSFO380 prices up in Fujairah ($6/mt), and down …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 29/10/21”
At 10:00 am Singapore time (0200 GMT), the ICE December Brent futures contract was up 21 cents/b (0.25%) from the previous close at $84.53/b, while the NYMEX December light sweet crude contract rose 6 cents/b (0.07%) at $82.87/b. Oil prices edged up on Friday but were headed for their first weekly losses in at …
Iron ore futures continued to slide on softer steel demand, as slow consumption contributed to higher mills’ steel stocks. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 5.56% day-on-day or down RMB 37.50 to RMB 637.50/mt, during the day trading session on Friday. The rebar futures however, rose by 0.80% …
Verdict – Short-term neutral to bearish. China thermal coal futures and coking coal futures all reached limit-down which bring back a bearish sentiment on all ferrous market. Iron ore corrected and breakdown important support level around 639.0 – 643.0 and went back to descending tunnel. Hourly MACD widened below 0 axis. Hourly CCI went into …
Continue reading “Iron Ore DCE Jan Daily Technical Review 29/10/21”
Market Verdict on Iron Ore： · Neutral. Macro · China CCTV news: U.S. trade representative Katherine Tai seek to ease trade relations with China in a U.S. poultry conference. · U.S. Q3 GDP up 2% y-o-y, Q2 up 6.7%. The slowing down on GDP growth rate was far beyond expectation. Iron Ore Key Indicators: · …
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
Americas bunker prices have declined further in several key locations, as Brent sheds $1/bbl in the wake of a big US crude inventory build. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($3/mt), and down in Houston ($21/mt), New York and Balboa ($14/mt) and Zona Comun …
Continue reading “ENGINE: Americas Bunker Fuel Market Update 29/10/21”
Capesize freight rates came under pressures from sluggish demand, with market concerns over softening iron ore and coal prices. The Capesize 5 time charter average, then fell by $2,371 day-on-day to $37,669 on Thursday, following a series of corrections. The Baltic Dry Index (BDI) extended losses and dropped by $178, down 4.67% day-on-day, to $3,630, …
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
