Iron ore futures dipped in the choppy session, following the recent downward momentum on bearish market outlook. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 1.46% day-on-day or down RMB 10.50 to RMB 711/mt, during the day trading session on Tuesday. The rebar future plunged sharply at the afternoon session …
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Oil and Ore Intraday Morning Technical
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Steel & Scrap Morning Report 14/09/21
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Daily Capesize Review 13/9/21
Capesize freight rates rallied further with record gains, amid Chinese port closures due to the Typhoon Chanthu. The Capesize 5 time charter average, then rose by $6,736 day-on-day to $52,908 on Monday, as significant gains were made in the Pacific and Atlantic markets. The Baltic Dry Index (BDI) then rose by $299, up 7.74% day-on-day, …
Supramax Oct 21 Morning Technical Comment – 240 Min 14/09/21
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Base Morning Intraday Note 14/09/21
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ENGINE: Americas Bunker Fuel Market Update 14/9/21
Bunker prices have mostly been rangebound in the Americas, and a tropical storm is set to disrupt bunkering as it approaches Texan ports. Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($14/mt) and Zona Comun ($4/mt), and down in Houston ($4/mt), New York and …
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Morning Report Tanker FFA 14/09/21
News Headlines: OIL DAYBOOK EUROPE: Oil Glut Is All But Gone; Hurricane Threat (Bloomberg) Global crude inventories that ballooned during the pandemic have shrunk to the lowest level in 20 months as an economic rebound in top consumers China and the U.S. drives a robust recovery in fuel demand. * OIL FUTURES: Oil Rallies as …
Fuel Oil Morning Report 14/09/21
At 10:25 am Singapore time (0225 GMT), the ICE November Brent futures contract was up 32 cents/b (0.44%) from the previous settle at $73.83/b, while the NYMEX October WTI contract was up 36 cents/b (0.51%) at $70.81/b. Supply concerns were compounded by the emergence of Tropical Storm Nicholas on the Texas Gulf Coast as …
Fertilizer Derivatives End of Day Report 13/09/21
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