ENGINE: Americas Bunker Fuel Market Update 28/7/21

Bunker prices are mostly rangebound in the Americas, while tight HSFO380 supply in Houston has pushed its price to premiums over a range of other regional ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($3/mt) and Zona Comun ($1/mt), and down in Houston ($8/mt), Balboa …

FIS Singapore Iron Ore Derivatives Report 28/07/2021

Market Commentary Iron ore prices were boosted by rising steel prices and robust steel margin. Steel margin have been hovering between 1250 yuan and 1300 yuan this week. The historical high was seen in last May at $1450. Furthermore, the International Monetary Fund maintained its forecast of global economic expansion at 6% this year, the …

Podcast – Episode 65 – Battery Metals Special

FIS Castaway Podcast – Episode 65 – Battery Metals Special     With the growing ESG revolution and growth of EVs we talk to Jack Nathan, Peter Hannah and Will Adams about battery metals alongside an update of freight, oil and iron ore markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-65/   Spotify https://open.spotify.com/episode/4LiB5G1KynQ9gmBNIgJjJm?si=xCV9YC4XT6OnGNypbiE_FQ&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-65-battery-metals-special/id1507094242?i=1000530272756   …

ENGINE: East of Suez Bunker Fuel Market Update 28/7/21

East of Suez bunker prices are up for a second day as Brent values inch up.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($5/mt), Fujairah and Singapore ($4/mt) LSMGO prices up in Singapore ($3/mt), steady in Zhoushan and down in Fujairah ($9/mt) HSFO380 prices up in …

ENGINE: Europe & Africa Bunker Fuel Market Update 28/7/21

Bunker prices are mostly steady on the day, and bunkering faces weather disruptions in Port Elizabeth and Algoa Bay over the next week.   Changes on the day to 08.00 GMT today: VLSFO prices steady in Gibraltar and Durban, and down in Rotterdam ($1/mt) LSMGO prices up in Durban ($7/mt) and Rotterdam ($2/mt), and down …

Daily DCE Review 28/7/21

Iron ore futures recovered from previous day slump and inched up slightly at the close for the day trading session on Wednesday. The futures of Dalian Commodity Exchange (DCE) for September delivery then went up by 0.22% day-on-day or RMB 2.50 to RMB 1,137.50/mt during the day trading session on Wednesday. The rebar futures, however …