FIS Singapore Iron Ore Derivatives Report 11/10/21

Physical Trades Platform GO traded 80,000 mt Newman lump at Platts 62% Nov index + $0.25/dmtu for Nov 1-10 loading. GO traded 170,000 mt BRBF Fe 62% at $139.10/mt for Nov 14-23 loading. Corex traded 80,000 mt Yandi fines Fe 56.7% at AM[2021-11-01,2021-11-30],62%,-$22.90 /mt for Oct 28 -Nov 6 loading. Corex traded 120,000 mt PBF …

ENGINE Global Physical Bunker Market Update 11/10/21

Global bunker prices are mostly up across ports today, as Brent values inched up from Friday’s levels.   Changes in the day to 08.00 GMT today:   VLSFO prices up in Singapore ($38/mt), Fujairah ($22/mt), Houston ($2/mt), and steady in Rotterdam and Gibraltar LSMGO prices up in Fujairah ($34/mt), Singapore and Gibraltar ($7/mt), Rotterdam ($3/mt), …

Iron Ore DCE Jan Daily Technical Review 11/10/21

Verdict – Short-term bullish. DCE iron ore January contract maintained bullish during the day. Daily 5 day moving average, 10 day moving average and 20 day moving average have created two sets of gold cross, which reversed the previous bearish market to a rebound market. Hourly slow stochastic KD entered bullish territory. Hourly CCI entered …

Daily Virtual Steel Mill Report 8/10/21

Market Verdict on Iron Ore: ·         Bullish. Macro ·         U.S. increased 194,000 jobs in September, which was significantly below expectation around 500,000 jobs increase, previous number was increase by 235,000 jobs. ·         China PM Li Keqiang held conference to ensure the winter and early spring supply and coal and electricity. The conference widened the floating …

FIS Morning Report Tanker FFA 11 -10-21

News Headlines: OIL DAYBOOK EUROPE: Iran to Offer Crude in Return for Investment(Bloomberg) Iran plans to offer oil and gas condensate to “any investor” in exchange for either goods or capital investment in the Islamic Republic’s sanctions-hit energy sector, the country’s oil minister said. The ministry would welcome investment in both Iran’s upstream and downstream …

FIS Fuel Oil Morning Report 11/10/21

At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 78 cents/b (0.95%) from the previous close at $83.17/b, while the NYMEX November light sweet crude contract was $1.18/b (1.49%) higher at $80.53/b.   Crude oil gained amid a broader rally in the energy sector as fears of strong demand …