ENGINE: East of Suez Bunker Fuel Market Update 23/9/21

East of Suez bunker prices are on the rise with Brent for a second day, and HSFO380 remains tight in Fujairah.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan and Singapore ($8/mt), Fujairah ($7/mt) LSMGO prices up in Zhoushan and Fujairah ($11/mt), and Singapore ($5/mt) HSFO380 prices …

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. …

ENGINE: Europe & Africa Bunker Fuel Market Update 23/9/21

Bunker prices extend their gains as Brent reaches above $76/bbl for the first time in two months, and Gibraltar Strait bunkering has been delayed by rough weather.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($9/mt), Gibraltar ($7/mt) and Rotterdam ($6/mt) LSMGO prices up in Durban ($10/mt), Gibraltar ($5/mt) …

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 …