FIS API Blog
Bunker prices are down with Brent in Europe and African ports, and Gibraltar holds at parity with price levels in Rotterdam. Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($12/mt), Rotterdam ($7/mt) and Gibraltar ($6/mt) LSMGO prices up in Rotterdam ($11/mt), Durban ($10/mt) and Gibraltar ($9/mt) HSFO prices up …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 6/8/21”
East of Suez bunker prices have mostly bounced back with rising Brent values in the past day, and an incoming typhoon threatens bunker disruptions in Japan over the weekend. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($11/mt), Singapore ($9/mt) and Zhoushan ($6/mt) LSMGO prices up in …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 6/8/21”
A total of 750,000 mt of iron ores was traded for the week ended Aug 6, up 27.12% week-on-week, amid stringent steel output cuts being implemented. Tangshan underwent a new round of sintering cuts much to the expectation of market participants, while iron ore prices ended its anti-gravity defying act and stayed under the $185/mt …
Iron ore futures opened higher from previous day slump, but only managed a slight recovery at the close, due to lower steel consumption in China. The futures of Dalian Commodity Exchange (DCE) for September delivery then dropped by 1.27% day-on-day or down RMB 11.50 to RMB 895/mt, during the day trading session on Friday. The …
Capesize freight rates extended its upward momentum to recover from previous slump, despite market concerns over shipping delays at Chinese ports. The Capesize 5 time charter average, then rose by $933 day-on-day to $36,608 on Thursday, due to improving market sentiments. The Baltic Dry Index (BDI) also went up by 1.75% day-on-day, or 58 points …
Market Verdict on Iron Ore： · Iron ore neutral. Macro · IMF: global economic growth will reach 6% in 2021, which is a high forecast and the highest global growth rate in the past few decades. · New Typhoon landed in southern China, which will impact four southern provinces with heavy rain for the coming …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Bunker prices are rangebound for most fuel grades in major ports across the Americas, as Brent values are steadier after a period of high volatility. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($4/mt), Los Angeles ($2/mt) and Balboa ($1/mt), and down in Houston ($2/mt) and …
Continue reading “ENGINE: Americas Bunker Fuel Market Update 5/8/21”
At 11:32 am Singapore time (0332 GMT), the ICE October Brent futures contract was up 14 cents/b (0.2%) from the previous close at $71.48/b, while the NYMEX September light sweet crude contract rose 12 cents/b (0.17%) at $69.21/b. The pandemic continues to be at the forefront of the mind of many, not just in …
