Category archives: Products

Singapore Iron Ore Derivatives 24/08/21

Iron Ore Market Update   Market Commentary   Iron ore rebounded to near $150 as market sentiment has improved ahead of the peak seasonality. Rebar production in China rose by 1.1% during the 12-18 August period to 3.25 million metric tonnes, data by Mysteel showed. The increase in rebar production was due to preparation for …

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ENGINE: Global Physical Bunker Market Update 24/8/21

Global bunker prices have extended yesterday’s gains, as Brent adds 4% on the day.   Changes in the day to 08.00 GMT today: VLSFO prices up in Singapore ($17/mt), Gibraltar ($15/mt), Fujairah ($13/mt), Rotterdam ($7/mt) and down in Houston ($15/mt) LSMGO prices up in Singapore ($23/mt), Rotterdam and Gibraltar ($12/mt), Fujairah ($11/mt), and down in …

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Daily DCE Review 24/8/21

Iron ore futures rose on Tuesday morning session, rebounded from previous losses seen last week, as market sentiment improved. The futures of Dalian Commodity Exchange (DCE) for September delivery then increased by 6.17% day-on-day or up RMB 47.50 to RMB 817.50/mt, during the day trading session on Tuesday. The rebar futures also rose by 2.39% …

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Daily Capesize Review 23/8/21

Capesize freight rates got off to a slow start at the week, as most participants were in collecting mood, but nevertheless the market fundamentals remained good with firm rates. The Capesize 5 time charter average, then rose by $977 day-on-day to $50,708 on Monday, as the index went above the psychological $50k mark. The Baltic …

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