Category archives: Products

ENGINE: Americas Bunker Fuel Market Update 15/7/21

Bunker prices have plunged in the Americas amid a 3% Brent price fall on the day.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices down in Houston ($54/mt), New York ($30/mt), Zona Comun ($20/mt), Balboa ($18/mt) and Los Angeles ($15/mt) LSMGO prices down in New York ($34/mt), Houston, Balboa and …

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ENGINE: East of Suez Bunker Fuel Market Update 15/7/21

East of Suez bunker prices have made sharp losses, pulled down by Brent values weakening on the prospect of an imminent OPEC+ deal and signs of lower US fuel demand.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($19/mt), Singapore ($18/mt) and Fujairah ($14/mt) LSMGO prices down …

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Daily DCE Review 15/7/21

Iron ore futures hiked up on Thursday trading session, finding supports from high steel prices, though market concerns over the upcoming production cuts. The futures of Dalian Commodity Exchange (DCE) for September delivery then went up by 1.61% day-on-day or RMB 19.50 to RMB 1,234/mt during the day trading session on Thursday. The rebar futures …

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Daily Capesize Review 14/7/21

Capesize freight rates continued to come under selling pressure, despite some improvement seen in the physical market. The Capesize 5 time charter average, then fell further by $1,144 day-on-day to $29,128 on Wednesday, after an erratic paper trading session. The Baltic Dry Index (BDI) also dropped by 2.76% day-on-day, down 89 points to 3,139 readings, …

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