Category archives: Products

ENGINE: Europe & Africa Bunker Fuel Market Update 21/7/21

European and African bunker prices are mostly rangebound, while Rotterdam’s low sulphur prices have extended their declines.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($3/mt) and Gibraltar ($2/mt), and down in Rotterdam ($11/mt) LSMGO prices up in Durban ($4/mt), steady in Gibraltar, and down in Rotterdam ($6/mt) HSFO …

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Daily DCE Review 21/7/21

Iron ore futures faced a selloff in the day session, due to market concerns over firmer commodities’ price controls and bad weathers that affected transportation and logistics in Henan, China. The futures of Dalian Commodity Exchange (DCE) for September delivery then slumped down by 3.85% day-on-day or RMB 47 to RMB 1,174/mt during the day …

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ENGINE: Americas Bunker Fuel Market Update 20/7/21

Bunker prices have mixed direction in key Americas ports, as Brent has recovered to just above $69/bbl after tumbling yesterday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($15/mt) and Balboa ($1/mt), and down in Los Angeles ($6/mt), Zona Comun ($5/mt) and Houston ($3/mt) LSMGO prices …

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Iron Ore DCE Sep Daily Technical Review 21/7/21

Verdict – Short-term bearish. DCE iron ore September corrected significantly with increasing trading volume. Hourly MACD created dead cross. Hourly slow stochastic KDE created dead cross below overbought area, indicated a market reversal. CCI created a double top area. Technical signals were indicating the correction potentially continues. The first support is 1152.0, the first resistance …

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Daily Virtual Steel Mill Report 21/7/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral to bearish. Macro ·         The Asian Development Bank predicts that China’s economic growth is expected to remain at 8.1% this year and 5.5% in 2022. However, the overall growth expectations of Asian developing economies have been lowered. ·         The National Development and Reform Commission held …

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FIS Morning Report Tanker FFA 21-07-21

News Headlines: OIL DAYBOOK EUROPE: BHP Considers Petroleum Exit; EIA Report (Bloomberg) BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter. OIL FUTURES: Oil Renews Decline as U.S. Inventories Expand and Delta Spreads Please click …

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