Category archives: Products

Daily DCE Review 25/5/21

Iron ore futures dipped at the close, after a volatile session with day peak recorded earlier in the morning session before plunging at the afternoon session. The futures of Dalian Commodity Exchange (DCE) for September delivery then dropped slightly by 0.05% on-day or up RMB 0.50 to RMB 1,058/mt on Tuesday. The steel rebar contract …

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Daily Capesize Review 24/0/5/21

Capesize freight rates spotted slight gains on the improving physical market, especially from better shipping demand in the Pacific market. The Capesize 5 time charter average then inched up by $232 day-on-day to $32,825 on Monday, as the paper market maintained its bullish run since last week. The Baltic Dry Index (BDI) also hiked up …

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FIS Fuel Oil Morning Report 25/05/21

Brent crude futures LCOc1 were up 14 cents, or 0.2%, at $68.60 a barrel by 0400 GMT, having jumped 3% on Monday. U.S. West Texas Intermediate futures CLc1 was up 8 cents at $66.13 a barrel, after gaining 3.9% the previous session.   The case for oil to remain on target to hit $80 is …

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FIS Morning Report Tanker FFA – 25-05-21

News Headlines: Benchmark Oil Tanker Rates Climb Again to Highest Since January (Bloomberg) TD3C climbed to ws36.96 – the highest since January 13th and on clean TC5  climbs to ws97.14 – highest since April 30th     Syrian Blames Israel for Mysterious Attacks on Oil Tankers (Bloomberg) Syria’s foreign minister blamed Israel for mysterious attacks …

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