Category archives: Products

Daily Virtual Steel Mill Report 8/9/21

Market Verdict on Iron Ore： ·         Neutral to bearish. Macro ·         China Monetary Department official Sun Guofei said monetary supply was sufficient in the following months. There should be small chances to experience liquidity risk in the market. ·         U.K. Central Committee(MPC) Sanders indicated U.K. central bank potential to increase interest rate in next year. …

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FIS Fuel Oil Morning Report 08/09/21

At 10:40 am Singapore time (0240 GMT), ICE November Brent futures were 2 cents/b (0.03%) higher at $71.71/b while the NYMEX October WTI contract was up 14 cents/b (0.20%) at $68.49/b.   Chinese crude imports in August rose 8% on the month to 10.53 million b/d, or 44.53 million mt, according to General Administration of …

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