Category archives: Products

Weekly Virtual Steel Margin Report 26/10/2021

Market Verdict： – Iron ore short-run neutral to bullish. Macro Market Change and Money Movement: – The correction on both oil and coal symbolized the speculation of energy risk temporarily cooled. The headlines over weekends were contributed by the pilot version of China real estate tax came out. Major macro analysts from Asian based securities …

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Morning Tanker FFA Report 26/10/21

News Headlines: Oil drops ahead of stock data, Iran talks (Reuters) Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a rally driven by strong demand in the United States, the world’s biggest consumer of oil and its products. Brent crude was down 5 …

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Oil Morning Report 26/10/21

At 10:10 am Singapore time (0210 GMT), the ICE December Brent futures contract was down 4 cents/b (0.05%) from the previous close at $85.95/b, while the NYMEX December light sweet crude contract dipped 11 cents/b (0.13%) to $83.65/b.   Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally …

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