FIS API Blog
East of Suez bunker price movements have been mixed amid a $0.50/bbl Brent gain in the past day. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($10/mt) and Fujairah ($3/mt), and down in Singapore ($3/mt) LSMGO prices up in Zhoushan ($10/mt), Fujairah ($5/mt) and Singapore ($4/mt) HSFO380 …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 29/7/21”
Bunker prices have made fresh gains in Europe and Africa, and rough weather is set to disrupt bunkering in Las Palmas and Algoa Bay until next week. Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Gibraltar ($6/mt) and Rotterdam ($5/mt) LSMGO prices up in Durban ($9/mt), Gibraltar ($7/mt) …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 29/7/21”
Iron ore futures reversed into losses on Thursday, as market participants expected more output cuts ahead that limited raw material demand. The futures of Dalian Commodity Exchange (DCE) for September delivery then dropped by 1.59% day-on-day or RMB 18 to RMB 1,114.50/mt during the day trading session on Thursday. The rebar futures, however hiked up …
Verdict – Short-term neutral, slow down on correction. DCE iron ore September tested two months low at 1094.0 and rebounded fast before closing to recover partial loss. In general, the support around 1110- 1113.5 was strong even it was broken during the market, since price and volume went up to push price back quickly. A …
Continue reading “Iron Ore DCE Sep Daily Technical Review 29/7/21”
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
Market Verdict on Iron Ore： · Iron ore short-run neutral. Macro · U.S. Federal maintained 0-0.25% unchanged as interest rate, fell in expectation. · FTSE A50 Index rebounded near 3% overnight. Shanghai Equity rebounded 1.5% in early afternoon. Iron Ore Key Indicators: · Platts62 $201.25, +0.80, MTD $214.54. · China Iron and Steel Association(CISA): The …
Capesize freight rates moved flatly with some improvement in the physical market, which led some trade participants to believe that the market had found the bottom. The Capesize 5 time charter average, then dipped slightly by $24 day-on-day to $31,856 on Wednesday, despite increase of shipping activities in the physical market. The Baltic Dry Index …
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
Brent crude oil futures gained 36 cents, or 0.5%, to $75.10 a barrel by 0247 GMT, while U.S. West Texas Intermediate (WTI) crude oil futures increased by 33 cents, or 0.5%, to $72.72 a barrel. EIA week ending 7/23 Crude oil: -4.1M Gasoline: -2.3M Distillates: -3.1M Refiner utilz: 91.1% Impld mogas demand: 9.33 Mbpd …
