FIS API Blog
European and African bunker prices have edged down, tracking Brent as the futures contract falls for a fourth consecutive day. Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($7/mt), Durban ($2/mt) and Rotterdam ($1/mt) LSMGO prices down in Rotterdam ($3/mt) and Gibraltar and Durban ($1/mt) HSFO prices down in …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 4/8/21”
Click below link for the newly launched Tanker Options Report https://fisapp.com/wp-content/uploads/2021/08/FIS-WET-TANKERS-IMPLIED-VOLA-03_08_21.pdf Any queries please do not hesitate to get in touch! Contact: Brandon Cayzer BrandonC@freightinvestor.com +44 (0)7729 118640 ICE – bcayzer Jack Shilling JShilling@freightinvestor.com +44 (0)7702 834733 ICE – jashilling Alistair Pettey AlistairP@freightinvestor.com +44 (0)7808 768318 ICE – apettey
Market Commentary Iron ore futures edged up higher on Wednesday after authorities in Beijing seemingly softened the tone on climate ambitions. China have been looking to rein in its steel sectors, but efforts to curb steel production from last year’s record of 1.05 billion tonnes have so far been unsuccessful, with output from the first …
Continue reading “FIS Singapore Iron Ore Derivatives Report 04/08/21”
FIS Castaway Podcast – Episode 66 Iron ore leads the fall as we discuss Chinese emissions targets, OPEC+ production, and typhoon congestion affecting the ferrous, oil and freight markets. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-66/ Spotify https://open.spotify.com/episode/4cIFXumuQH7h3yKMHtM3SC?si=813wyHFoTvWFnPujqMGwSA&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-66/id1507094242?i=1000530964587 Disclaimer: This podcast is a marketing communication and …
Continue reading “FIS Castaway Podcast – Episode 66 04/08/21”
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
Verdict – Short-term neutral. DCE iron ore September re-entered into a new consolidation area in the first few trading days of August. Hourly MACD expanded above 0 axis. Hourly slow stochastic KD rebounded. A continuance of rebound need a confirm to break 1077.0, however the resistance around 1100.0 was significant. Short-run consolidation in narrowing range. …
Continue reading “Iron Ore DCE Sep Daily Technical Review 4/8/21”
Market Verdict on Iron Ore： · Iron ore short-run neutral. Macro · China Caixin July PMI 54.9, est. 50.5, last 50.3. · China Automobile Association: China July Automobile sales 1.82 million, down 9.7% m-o-m, down 13.8% y-o-y. · Since the end of July, China weather has gradually improved, the local market demand has recovered rapidly, …
Bunker prices have mostly gained in East of Suez in the past day, recovering some of the sharp losses made under pressure from tumbling Brent values at the beginning of the week. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($4/mt) and Singapore ($3/mt), and down in …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 4/8/21”
Iron ore futures inched up slightly for the second consecutive day of gains, amid mixed market outlooks over steel output cuts. The futures of Dalian Commodity Exchange (DCE) for September delivery then went up by 0.52% day-on-day or up RMB 5.50 to RMB 1,067/mt, during the day trading session on Wednesday. The rebar futures also …
Capesize freight rates improved with more shipping activities, though there were oversupply concerns among trade participants. The Capesize 5 time charter average, then dipped by $213 day-on-day to $35,216 on Tuesday, after showing signs of improvement. The Baltic Dry Index (BDI) also went down slightly by 0.03% day-on-day, or 1 point to 3,281 readings, despite …
