ENGINE: Global Physical Bunker Market Update 12/10/21

Bunker prices have moved in mixed directions today, as Brent values have been volatile throughout most of the day. Changes in the day to 08.00 GMT today:   VLSFO prices up in Rotterdam ($20/mt), Fujairah ($7/mt), Gibraltar ($6/mt), and down in Houston and Singapore ($18/mt) LSMGO prices up in Fujairah ($30/mt), Singapore ($27/mt), Gibraltar ($12/mt), …

Daily DCE Review 12/10/21

Iron ore futures inched down after a choppy session as trade participants became more cautious over slowing steel production. The futures of Dalian Commodity Exchange (DCE) for January delivery then dipped slightly by 0.19% day-on-day or down RMB 1.50 to RMB 769.50/mt, during the day trading session on Tuesday. The rebar futures also went down …

Daily Capesize Review 11/10/21

Capesize freight rates continued to fall amid market uncertainty and profit-taking in the paper market. The Capesize 5 time charter average, then went down by $1,143 day-on-day to $82,722 on Monday, despite good market fundamentals. The Baltic Dry Index (BDI) also dropped by $38, down 0.69% day-on-day, to $5,488, due to weakening freight rates.   …