Daily DCE Review 1/10/21

The futures of Dalian Commodity Exchange (DCE) closed for the week-long Golden week holidays, though market participants held mixed view over the iron ore demand. Part of the market bearish sentiment was linked to poor economic data from China, as the country’s manufacturing PMI ratings fell to contractionary levels. In meantime, the China’s recent power …

Daily Capesize Review 30/9/21

Capesize freight rates slumped to end its bullish run, as market concerns turned to mine closures and China’s public holidays. The Capesize 5 time charter average, then dropped by $610 day-on-day to $74,176 on Thursday, after some selloff in the market. The Baltic Dry Index (BDI) then dipped by $30, down 0.58% day-on-day, to $5,167, …

FIS Fuel Oil Morning Report 30/09/21

Brent crude futures fell 7 cents, or 0.1%, to $78.24 a barrel at 0415 GMT, but were still heading for a small rise on the week, marking a fourth straight week of gains. U.S. West Texas Intermediate (WTI) crude futures slipped 6 cents to $74.97 a barrel, though the contract remained on track to post …