Category archives: Products

FIS Singapore Iron Ore Derivatives Report 12/07/21

Iron Ore Market Update Market Commentary Iron ore futures endured a choppy Monday morning as investors steel supply and demand outlook amid China’s monetary support as well as an uptick in seaborne supply, while concerns of further production restrictions linger on. The Peoples’ Bank of China (PBOC) announced a broad cut in the reserve-requirement ratio …

Continue reading “FIS Singapore Iron Ore Derivatives Report 12/07/21”

ENGINE: East of Suez Bunker Fuel Market Update 12/7/21

East of Suez bunker prices are mostly up from Friday’s levels, tracking higher Brent values.     Changes on the day from Friday to 16.00 SGT (08.00 GMT) today:  VLSFO prices up in Zhoushan ($10/mt) and Fujairah ($7/mt), and down in Singapore ($1/mt)   LSMGO prices up in Singapore ($6/mt), Singapore and Zhoushan ($3/mt)   HSFO380 prices up in Fujairah ($5/mt) and Singapore …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 12/7/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 12/7/21

European and African bunker prices have edged up over the weekend, and outer anchorage bunkering is possible in Las Palmas again with calmer weather.    Changes on the day to 08.00 GMT today:  VLSFO prices up in Gibraltar ($5/mt) and Rotterdam ($2/mt), and down in Durban ($1/mt)  LSMGO prices up in Gibraltar ($4/mt) and Durban …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 12/7/21”

Daily DCE Review 12/7/21

Iron ore futures moved in a choppy fashion on Monday, over looming concerns for further production cuts in China. The futures of Dalian Commodity Exchange (DCE) for September delivery then opened high, only to fall before recovery at the close with gain of 1.45% day-on-day or RMB 17 to RMB 1,188.50/mt during the day trading …

Continue reading “Daily DCE Review 12/7/21”