FIS Singapore Iron Ore Derivatives Report 03/08/21

Market Commentary Iron ore futures edged near $180 as investors reassessed the steel outlook after China signalled a shift in emphasis on steel curbs, raising hopes that there will be some form of easing of the aggressive measures that have been put in place. Attempts to curb steel production from last year’s record of 1.05 …

ENGINE: Europe & Africa Bunker Fuel Market Update 3/8/21

European bunker prices are mostly down with Brent, while South African prices have gained in the past day.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($7/mt), and down in Gibraltar ($7/mt) and Rotterdam ($2/mt) LSMGO prices up in Durban ($3/mt), and down in Gibraltar ($10/mt) and Rotterdam ($7/mt) …