FIS Singapore Iron Ore Derivatives Report 06/09/21

Market Commentary Iron ore plunged to the lowest in seven months on rising supplies while the new round of production curbs have also dampened the outlook for the steelmaking ingredient. Exports from Brazil were at a record for the month of August while shipments from Australia have also increased. Meanwhile, iron ore inventories at ports …

ENGINE: East of Suez Bunker Fuel Market Update 6/9/21

East of Suez bunker prices have inched down from Friday’s levels, and HSFO380 has tightened in Zhoushan.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Singapore ($14/mt), Zhoushan ($12/mt) and Fujairah ($5/mt) LSMGO prices down in Fujairah ($17/mt), Zhoushan ($11/mt) and Singapore ($9/mt) HSFO380 prices up in Zhoushan …

ENGINE: Europe & Africa Bunker Fuel Market Update 6/9/21

European and African bunker prices have been pulled down by Brent over the weekend as the futures contract has slipped from five-week intraday highs.   Changes on the day since Friday to 08.00 GMT today: VLSFO prices down in Durban ($35/mt), Rotterdam and Gibraltar ($13/mt) LSMGO prices down in Durban ($39/mt), Rotterdam ($11/mt) and Gibraltar …