ENGINE: East of Suez Bunker Fuel Market Update 22/9/21

Bunker prices have risen with Brent across East of Suez ports, and Zhoushan continues to price VLSFO slightly lower than other regional bunkering hubs.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($5/mt), Zhoushan and Singapore ($3/mt) LSMGO prices up in Zhoushan ($19/mt), Fujairah and Singapore ($4/mt) …

FIS Singapore Iron Ore Derivatives Report 22/09/21

Market Commentary Iron ore futures rebounded above $100 due to low rebar inventories. Rebar stocks across commercial warehouses in China have been on a decline for the last two months while production also fell in the last two weeks. According to Steelbank, construction steels inventories were down 4.05% from a week ago to 7.26 million …

ENGINE: Europe & Africa Bunker Fuel Market Update 22/9/21

European and African bunker prices have made fresh gains on the back of an uptick in crude values, and congestion has built amid rough weather in Gibraltar Strait ports.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($7/mt), Rotterdam and Gibraltar ($3/mt) LSMGO prices up in Rotterdam ($7/mt), Gibraltar …