Category archives: Products

FIS Singapore Iron Ore Derivatives Report 27/09/21

Iron ore futures rallied to near $120 following a pickup in restocking activities ahead of the week-long Chinese National Day holiday. “Sentiment was supported by a sudden spike in steel mill profit margins, raising prospects of demand to increase from mills,” Australia & New Zealand Banking Group Ltd. wrote in a note. “Mills are also …

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ENGINE: East of Suez Bunker Fuel Market Update 27/09/21

Bunker prices have risen for another day, touching multi-month highs as Brent has surpassed $79/bbl for the first time in three years.   Changes on the day to 18.30 SGT (10.30 GMT) today:   VLSFO prices up in Zhoushan ($8/mt), Singapore ($5/mt), and steady in Fujairah LSMGO prices up in Singapore ($16/mt), Fujairah ($12/mt) and …

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ENGINE: Europe & Africa Bunker Fuel Market Update 27/09/2021

Bunker prices continue to rally with Brent as the futures contract rises above $79/bbl for the first time in three years.   Changes on the day to 10.30 GMT today:   VLSFO prices up in Durban ($15/mt) and Rotterdam ($8/mt), and steady in Gibraltar LSMGO prices up in Rotterdam and Gibraltar ($12/mt) and Durban ($3/mt) …

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Daily DCE Review 27/9/21

Iron ore futures extended the rally from last week, benefiting from the restocking activities and stable steel prices. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 3.53% day-on-day or up RMB 24 to RMB 703/mt, during the day trading session on Monday. The rebar future also hiked up by 0.96% …

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