Category archives: Products

ENGINE: East of Suez Bunker Fuel Market Update 29/09/21

Bunker prices have dropped across East of Suez ports today, as Brent has slipped by $2/bbl on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($11/mt), Zhoushan ($10/mt) and Singapore ($3/mt) LSMGO prices down in Fujairah ($14/mt), Singapore ($11/mt) and Zhoushan ($8/mt) HSFO380 prices down …

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ENGINE: Europe & Africa Bunker Fuel Market Update 29/09/21

Bunker prices have slipped from yearly highs in Europe and Africa, tracking a $2/bbl Brent drop amid renewed global oil demand concerns and profit-taking among investors.   Changes on the day to 08.00 GMT today:   VLSFO prices down in Durban ($17/mt), Gibraltar ($11/mt) and Rotterdam ($8/mt) LSMGO prices up in Gibraltar ($3/mt), and down …

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Daily DCE Review 29/9/21

Iron ore futures rebounded on the day session, despite market concerns over reduced raw material demand from the ongoing power rationing in China. The futures of Dalian Commodity Exchange (DCE) for January delivery then jumped by 2.13% day-on-day or up RMB 14.50 to RMB 694/mt, during the day trading session on Wednesday. The rebar future …

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Iron Ore DCE Jan Daily Technical Review 29/9/21

Verdict – Short-term neutral to bullish. DCE iron ore January contract rebounded as expected in last few days. However rejected by 705.5. The lower support of 661.5 was a strong support area. Hourly KD created gold cross. Hourly MACD created gold cross. Hourly CCI approached bullish territory. The next round of aggressive movement needs a …

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Daily Virtual Steel Mill Report 29/9/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         According to the China National Bureau of Statistics, from January to August, industrial enterprises above designated size achieved a total profit of 5605.14 billion yuan, a year-on-year increase of 49.5%, an increase of 42.9% over January to August 2019, and an average increase of 19.5% over …

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FIS Morning Report Tanker FFA 29-09-21

OIL DAYBOOK EUROPE: Libya Wants U.S. Firms to Help Boost Output (Bloomberg) Libya wants U.S. oil companies to return to the war-torn OPEC nation and help it raise output rapidly. “I would like to personally encourage foreign companies, especially those from the U.S., to come back,” Oil Minister Mohamed Oun said in an interview in …

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ENGINE: Americas Bunker Fuel Market Update 28/09/21

Bunker prices have dipped from yearly highs in several major bunkering locations across the Americas, and strong wind has delayed some bunker deliveries in Zona Comun.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Balboa ($13/mt), and down in Zona Comun ($10/mt), Houston ($7/mt), Los Angeles ($5/mt) …

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