FIS Morning Report Tanker FFA 27-08-2021

News Headlines: OIL DAYBOOK EUROPE: Gulf of Mexico to be Hit by Storm; CFTC Data (Bloomberg) A budding storm in the Caribbean is threatening to become a powerful hurricane that could wreak havoc across the Gulf of Mexico and slam into Louisiana or Texas by early next week. Oil and natural gas explorers with facilities …

ENGINE: Global Physical Bunker Market Update 26/8/21

Global bunker prices are moving in mixed directions across ports today, while Brent has inched up by another 1% on the day.   Changes in the day to 08.00 GMT today: VLSFO prices up in Houston ($9/mt), Rotterdam ($4/mt), Gibraltar ($11/mt), Singapore ($2/mt) steady in Fujairah and down in Gibraltar ($2/mt) LSMGO prices up in …

Singapore Iron Ore Derivatives 26/08/21

Iron Ore Market Update   Market Commentary   Iron ore remained supported following an uptick in restocking. According to trade sources, restocking activities have picked up ahead of the peak steel season in September and October. Meanwhile, China’s push to reach its economic targets also added to the gains. According to a front-page article published …

Daily DCE Review 26/8/21

Iron ore futures rallied further on Thursday, recovering loss ground from recent slump, as the steel market entered traditional peak season. The futures of Dalian Commodity Exchange (DCE) for September delivery then inched up by 0.74% day-on-day or up RMB 6 to RMB 816/mt, during the day trading session on Thursday. The rebar futures however, …