Category archives: Products

Daily Virtual Steel Mill Report 17/11/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         European statistic bureau: 19 member countries at Euro Zone economy growth rate up 3.75 compared to Q3 of last year, indicated a strong recover after the pandemic. ·         China and U.S. internet conference revealed a friendly signal of the trades and relations between the two countries …

Continue reading “Daily Virtual Steel Mill Report 17/11/21”

Evening Tanker FFA Report 16/11/2021

  Trades Recap: A quiet day for TC2 with just the Dec trading down a point to 155. TC5 Dec came under pressure with 136 trading early in the day, down to 134 then 132 later. Cal22 came off slightly with 27$/mt then 26.80$/mt trading. TC6 was busier again, with Dec trading flat at 195, …

Continue reading “Evening Tanker FFA Report 16/11/2021”

ENGINE: Americas Bunker Fuel Market Update 16/11/21

Bunker prices have mostly moved against Brent’s rise, while Zona Comun and Houston’s prices have gained with Brent values.    Changes on the day to 08.30 CST (14.30 GMT) today:  VLSFO prices up in Zona Comun ($37/mt) and Houston ($6/mt), and down in Los Angeles ($30/mt), Balboa ($12/mt) and New York ($4/mt)  LSMGO prices up …

Continue reading “ENGINE: Americas Bunker Fuel Market Update 16/11/21”

Singapore Iron Ore Derivatives Report 16/11/2021

Market Commentary Iron ore futures steadied Tuesday as iron ore portside price ticked up with improved trading activities observed in both in seaborne and portside markets. Market sources also reported that China’s steel exports have increased due to weaker domestic demand, with steel mills keen to sell abroad for better margins, as well as filling …

Continue reading “Singapore Iron Ore Derivatives Report 16/11/2021”