ENGINE: Americas Bunker Fuel Market Update 30/09/21

Bunker prices have mostly come off with Brent across the Americas in the past day, while Balboa’s prices have gained again.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Balboa ($5/mt), and down in New York and Los Angeles ($7/mt), Zona Comun ($4/mt) and Houston ($3/mt) LSMGO …

FIS Castaway Podcast – Episode 74 – Lunar Cape Rates 29/09/21

FIS Castaway Podcast – Episode 74 – Lunar Cape Rates   A short, sharp update this week as we discuss the jump in oil prices, the bounceback on iron ore, and of course the Capesize rates having gone to the Moon, on FIS Castaway.     Listen Below: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-74/ Spotify – https://open.spotify.com/episode/6FbjHwA4rYivj302T3Twb3 iTunes – https://podcasts.apple.com/gb/podcast/episode-74-lunar-cape-rates/id1507094242?i=1000536997415

FIS Singapore Iron Ore Derivatives Report 29/09/21

Market Commentary Iron ore futures advanced to above $115 on Wednesday following a pickup in restocking activities. Chinese trade participants have intensified their restocking ahead of the week-long Nation Day holiday starting from 1 October. The restocking came despite the outlook over the post-holiday demand remains somewhat mixed while there are growing concerns over raw …