Category archives: Products

ENGINE: Americas Physical Bunker Fuel Market Update 18/10/21

Some ports in the Americas have seen sharp bunker price rises for certain grades over the weekend, while most prices have been rangebound as Brent’s recent rally has slowed.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($13/mt), Balboa ($4/mt), Los Angeles ($2/mt) and New …

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FIS Singapore Iron Ore Derivatives Report 18/10/2021

Market Commentary With soaring energy costs threatening more supply disruptions, while power constraints and economic slowdowns putting demand at risk, investors weighed China’s economic prospects and iron ore futures fluctuated. Banks have downgraded its price forecast for iron ore in 2022.   According to the National Bureau of Statistics, the output of crude steel in …

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ENGINE: East of Suez Bunker Fuel Market Update 18/10/21

East of Suez bunker prices have increased from Friday’s levels, as Brent has gained more than $1/bbl.   Changes on the day from Friday, to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($10/mt), Fujairah ($5/mt) and Singapore ($2/mt) LSMGO prices up in Singapore ($9/mt) and Zhoushan ($4/mt), and steady in Fujairah HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 18/10/21

Bunker prices have reached fresh multi-month highs on the back of Brent’s rally, and rough weather could disrupt anchorage bunkering in the Gibraltar Strait tomorrow.   Changes on the day from Friday, to 08.00 GMT today: VLSFO prices up in Rotterdam ($4/mt), Gibraltar and Durban ($1/mt) LSMGO prices up in Rotterdam ($11/mt) and Durban ($2/mt), …

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Iron Ore DCE Jan Daily Technical Review 18/10/21

Verdict – Short-term neutral. DCE iron ore January contract tested monthly low and recover fast to neutral area. If a new breakdown on the low of 686.0, iron ore potentially return to bear market in mid-run. Hourly iron ore was stuck in a correction phase because the highs of the descending tunnel were becoming lower. …

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