News Headlines: Tanker Market in the Doldrums As Owners Lose Liquidity By the Day (Hellenic) In stark contrast to the dry bulk and container segments which have been rallying for much of 2021, the tanker market is more than lackluster. Owners have seen their liquidity drained, as earnings have remained below OPEX levels …
Category archives: Products
London Coking Coal Market Report 18/08/21
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Capesize & Panamax FFA Daily Report 18/08/21
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Supramax & Handysize FFA Daily Report 18/08/21
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Fuel Oil Daily Evening Report 18/08/21
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London Iron Ore Market Report 18/08/21
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ENGINE: Global Bunker Fuel Market Update 18/08/21
ENGINE: Global Bunker Fuel Market Update Global bunker prices are moving in mixed directions today, while Brent prices have dropped further on the day. Changes in the day to 08.00 GMT today: VLSFO prices down in Singapore and Gibraltar ($1/mt), up in Fujairah ($1/mt), Rotterdam ($3/mt) and Houston ($7/mt) LSMGO …
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Singapore Iron Ore Derivatives 18/08/21
Iron Ore Market Update Market Commentary Iron ore futures plunged below $150 as investors once again turned their focus to China’s wavering demand after the BHP Group warned against the risks of further steel output cuts. In its commodities outlook report, the Australian miner warned that the “increasing likelihood of stern cuts to steel …
Daily DCE Review 18/8/21
Iron ore futures fell further over subdued steel demand and low restocking activities among mills. The futures of Dalian Commodity Exchange (DCE) for September delivery then fell by 3.73% day-on-day or down RMB 31.50 to RMB 813/mt, during the day trading session on Wednesday. The rebar futures, also dropped by 3.71% day-on-day or RMB 198 …
Morning Steel and Scrap Report 18/08/21
FOB China HRC The index fell by $6/t yesterday (17.8.21) to US$925/t, MTD US$928.36/t. The National Development and Reform Commission said that nine provinces including eastern China’s Jiangsu province showed increasing energy consumption in the first half year, and these regions were asked to make more enforceable measures to meet the energy consumption …