Category archives: Products

FIS Singapore Iron Ore Derivatives Report 30/09/21

Market Commentary Iron ore futures surged to as high as $128 in Asia on Thursday as traders locked in purchases ahead of the “golden week” holiday. Some traders were thought to be making last-ditched efforts to replenish their stocks, driving up prices in the process. “Iron ore is showing quite a clear rebound because mills …

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Daily DCE Review 30/9/21

Iron ore futures opened high at the morning session, before experiencing more easing at the afternoon session but managed to book gains at the close, ahead of the Golden Week holidays. The futures of Dalian Commodity Exchange (DCE) for January delivery then jumped by 5.41% day-on-day or up RMB 37 to RMB 721.50/mt, during the …

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Daily Capesize Review 29/9/21

Capesize freight rates extended its rally to record-high levels, with supports from tight tonnage supply and better shipping demand. The Capesize 5 time charter average, then jumped by $5,773 day-on-day to $74,786 on Wednesday, despite some profit taking in the session. The Baltic Dry Index (BDI) then rose by $235, up 4.74% day-on-day, to $5,197, …

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FIS Morning Report Tanker FFA 30 – 09 -21

News Headlines: OIL DAYBOOK EUROPE: U.K. Fuel Crisis Starting to Ease; Enbridge (Bloomberg) The U.K. oil industry said the nation’s fuel crisis is easing after the government deployed additional tankers and put the army on standby to drive trucks. After days of chaos, with long lines of motorists blocking traffic at fuel pumps, the government …

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FIS Fuel Oil Morning Report 30/09/21

At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was down 24 cents/b (0.31%) from the previous close at $78.40/b, while the NYMEX November light sweet crude contract was 5 cents/b (0.05%) lower at $74.78/b.   EIA weekly data Crude stocks +4.578M Gasoline stocks +0.193M Distillate stocks +0.384M Cushing stocks +0.131M …

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ENGINE: Americas Bunker Fuel Market Update 30/09/21

Bunker prices have mostly come off with Brent across the Americas in the past day, while Balboa’s prices have gained again.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Balboa ($5/mt), and down in New York and Los Angeles ($7/mt), Zona Comun ($4/mt) and Houston ($3/mt) LSMGO …

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