Supramax Dec 21 Morning Technical Comment – 240 Min 25/11/21

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Daily DCE Review 25/11/21

Iron ore futures extended bullish run over higher steel output and prices that drove improvement in steel margins. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 1.83% day-on-day or up RMB 11 to RMB 611.50/mt, during the day trading session on Thursday. The rebar futures also increased by 0.86% day-on-day …

ENGINE: Americas Bunker Fuel Market Update 24/11/21

Americas bunker prices continue to rise with support from Brent, but none more so than Vancouver’s, which have surged after a storm cut off resupply lines.   Changes on the day to 08.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles and Zona Comun ($8/mt), Houston ($7/mt) and New York ($5/mt), and down …