Category archives: Products

Panamax Technical Report (corrective not bearish on the backs)

Please click below to view the report         For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630

ENGINE: East of Suez Bunker Fuel Market Update 21/10/21

East of Suez bunker prices are up with Brent on the day, and bad weather has disrupted bunkering in eastern Chinese ports.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($11/mt), Singapore ($9/mt) and Zhoushan ($8/mt) LSMGO prices up in Singapore ($19/mt), Fujairah ($10/mt) and Zhoushan ($9/mt) …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 21/10/21”

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

European and African bunker prices have mostly recovered on the back of Brent, and risen towards recent highs.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam, Gibraltar and Durban ($7/mt) LSMGO prices up in Gibraltar ($14/mt) and Rotterdam ($8/mt) HSFO prices up in Rotterdam ($5/mt), and down in Gibraltar …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 21/10/21”

Iron Ore DCE Jan Daily Technical Review 21/10/21

Verdict – Short-term bearish. DCE iron ore January contract started a slump mode in the Asian afternoon session driven majorly by the consecutive limit-down on coke and coal sectors. Ferrous money outflow was significant. Iron ore technically create three black candles from hourly chart with increasing volume, indicating the correction movement potentially extend in the …

Continue reading “Iron Ore DCE Jan Daily Technical Review 21/10/21”

Daily Virtual Steel Mill Report 21/10/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         China PM Li Keqiang held conference to punish illegal speculation on coal market and prevent the price transmission from commodities to downstream, and avoid cost increasing on mid-small capital company. ·         China Zhejiang Province downgrade the electricity consumption level from C to B, indicating the power …

Continue reading “Daily Virtual Steel Mill Report 21/10/21”

Daily DCE Review 21/10/21

Iron ore futures dipped at the close, despite opening higher at the start of the morning session due to market uncertainty over steel demand. The futures of Dalian Commodity Exchange (DCE) for January delivery then tanked by 8.70% day-on-day or down RMB 8.70 to RMB 650.50/mt, during the day trading session on Thursday. The rebar …

Continue reading “Daily DCE Review 21/10/21”