Category archives: Products

Daily DCE Review 15/6/21

Iron ore futures closed the afternoon session with slight gains against previous losses in the morning session, due to market concerns over slack steel consumption season. The futures of Dalian Commodity Exchange (DCE) for September delivery then inched up slightly by 0.91% on-day or RMB 11 to RMB 1,225/mt on Tuesday. The steel rebar contract …

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Daily Capesize Review 14/6/21

Capesize freight rates gained from recent improving shipping demand, despite slow trading activities due to Chinese holidays. The Capesize 5 time charter average, then rose by $1,631 day-on-day to $29,383 on Monday, from a buoyant market which left much room for the physical market to catch up. The Baltic Dry Index (BDI) followed the rally …

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FIS Weekly Virtual Steel Margin Report 15/6/2021

Market Verdict： – Iron ore neutral. Macro Market Change and Money Movement: – China commodity market experienced an interest shift from agricultural sector to industrial sector from last Thursday to this Tuesday, contributed by the strong performance of coking coal and iron ore. – The G7 conference yet to mention any detail on the solution …

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FIS Fuel Oil Morning Report 15/06/21

At 10:56 am Singapore time (0256 GMT), the ICE August Brent futures contract was up 11 cents/b (0.15%) from the previous settle at $72.97/b while the NYMEX July light sweet crude contract was up 10 cents/b (0.14%) at $70.98/b.   After last week’s announcement surrounding the US and Iran agreement which saw Brent fall over …

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