Category archives: Products

Daily DCE Review 21/4/21

Iron ore futures closed on higher note after a late rally at the afternoon session to recoup losses from the earlier session. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE), for September delivery then rose by 1.38% day-on-day or up RMB 15 to RMB 1,100.50/mt on Wednesday. The steel rebar contract on …

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Daily Capesize Review 20/4/21

Capesize freight rates ended the bullish run with slight dip after softening physical and paper market. The Capesize 5 time charter average then dipped by $178 day-on-day to $28,652 on Tuesday, despite a late push in the paper market after market talks of Vale’s booking around 8-10 ships. The Baltic Dry Index (BDI) however continued …

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FIS Fuel Oil Morning Report 21/04/21

Brent crude futures for June fell 48 cents, or 0.7%, to $66.09 a barrel at 0515 GMT, after dropping 48 cents on Tuesday. U.S. West Texas Intermediate (WTI) crude futures for June fell 52 cents, or 0.8%, to $62.15 a barrel. The May contract expired on Tuesday down 1.5% at $62.44.   API Crude +0.436M …

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