FIS API Blog
VLSFO prices have been propelled by Brent to seven-week highs in major global bunkering hubs. Changes on the day from Friday, to 08.00 GMT today: VLSFO prices up in Rotterdam ($18/mt), Gibraltar ($9/mt) and Durban ($6/mt) LSMGO prices up in Rotterdam ($18/mt), Gibraltar ($13/mt), and down in Durban ($14/mt) HSFO prices up in Rotterdam …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 13/9/21”
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
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
Iron ore futures opened high at the opening, but only to slump into a downward trajectory on bearish market outlook. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 3.49% day-on-day or down RMB 25.50 to RMB 706/mt, during the day trading session on Monday. The rebar future moved flatly and …
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
Capesize freight rates rebounded from previous losses, with better offers that supported the market fundamentals for the bullish market. The Capesize 5 time charter average, then dropped by $5,021 day-on-day to $46,172 on Friday, as market confidence improved over shipping demand amid tight tonnage. The Baltic Dry Index (BDI) then rose by $221, up 6.07% …
Verdict – Short-term neutral. DCE iron ore January contract created a listed low during the day, however recover some of losses by the last hour. Hourly MACD flattened in bearish territory. Hourly CCI rebound from a 9-month low. The previous support level 717.5 has become a major resistance level. However the mid-run bearish has yet …
Continue reading “Iron Ore DCE Jan Daily Technical Review 13/9/21”
News Headlines: OIL DAYBOOK EUROPE: Vitol Says Ida’s Impact Bullish for Prices (Bloomberg) The aftermath of Hurricane Ida has left about 1.1 million barrels of daily crude production shuttered in the U.S. Gulf of Mexico and it’s unclear when that output will return, a bullish sign for oil prices, according to Vitol Group. * OIL …
At 11:25 am Singapore time (0325 GMT), ICE November Brent futures was 43 cents/b (0.59%) higher at $73.35/b while the NYMEX October WTI contract was up 45 cents/b (0.65%) at $70.17/b. US oil industry struggles to get back on its feet following Hurricane Ida. More than 1m b/d of capacity are still offline, nearly …
