Category archives: Products

DCE rallies again over supply concerns

Iron ore futures continued to rally for second consecutive day since the start of week over supply concerns. The most-traded iron ore for September delivery on China’s Dalian Commodity Exchange went up by 3.31% or RMB 28.50 day-on-day to RMB 890 per tonne on Tuesday. The steel rebar contract on the Shanghai Futures Exchange then …

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Oil Through the Looking Glass 3/8/20

*Asian Fuel Oil Market News It is expected that the strong sentiment in the physical is to continue for VLSFO with lower arbitrage cargoes coming into Singapore. Imports for August are estimated to be 1.5 – 2 million tonnes, down from 2 – 2.5 million tonnes in July. This is also being driven by lower …

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