At 11:10 am Singapore time (0310 GMT), the ICE January Brent futures contract was up 21 cents/b (0.25%) from the previous close at $84.92/b, while the NYMEX December light sweet crude contract rose 13 cents/b (0.15%) at $84.18/b. Both benchmarks had settled higher by 0.5%-1.2% overnight. Latest figures from the US Energy Information Administration …
Category archives: Products
Fertilizer Market Report 1/11/21
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Steel and Scrap Evening Report 1/11/21
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Supramax and Handy Report 1/11/21
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Cape and Panamax Evening Report 1/11/21
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Coking Coal Evening Report 1/11/21
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Oil Evening Report 1/11/21
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Singapore Close Iron Ore Report 1/11/21
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Daily DCE Review 2/10/21
Iron ore futures slumped due to winter off peak season, dropping to a year-low in view of strict production restriction and sintering curbs imposed on Chinese mills. The futures of Dalian Commodity Exchange (DCE) for January delivery then plunged by 9.95% day-on-day or down RMB 62.50 to RMB 565.50/mt, during the day trading session on …
Daily Capesize Review 1/11/21
Capesize freight rates continued to soften on bearish market sentiment, with lesser shipping demand to move iron ore and coals. The Capesize 5 time charter average, then fell by $1,220 day-on-day to $34,845 on Monday, extending recent market corrections. The Baltic Dry Index (BDI) followed the downtrend and dropped by $91, down 2.59% day-on-day, to …