Morning Tanker FFA Report 25/10/21

News Headlines:   Oil prices extend gains to multi-year highs on tight supply (Reuters) Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world as economies pick up from coronavirus pandemic-induced slumps.   To view …

FIS Singapore Iron Ore Derivatives Report 22/10/2021

Market Commentary Iron ore found some support and rebounded on Friday on recovered China imported iron ore prices and sales after days of softening. At the moment higher grade iron ore productions demand has recovered modestly with comparably healthy steel margins. From market source, some physical traders purchased Brazilian ore to bet on its higher …

Ferrous trade weekly review 22/10/21

A total of 980,000 mt of iron ores was traded for the week ended Oct 22, a significant sharp decline of 64.87% from previous week at 2.79 million mt. Trade participants were concerned over the upcoming traditional low steel demand during winter season with market certainty variables over power crunch and sintering curbs. During the …

ENGINE: Europe & Africa Bunker Fuel Market Update 22/10/21

European and African bunker prices have declined alongside Brent in most major ports, and prompt VLSFO availability has tightened in the ARA.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($2/mt), and down in Rotterdam and Durban ($5/mt) LSMGO prices down in Gibraltar ($12/mt) and Rotterdam ($9/mt) HSFO prices …