Category archives: Products

Ferrous trade weekly review 21/5/21

A total of 0.86 million mt of iron ores was traded for the week ended May 21, amid cautious purchases from trade participants as Chinese authority clamped down on market speculations over recent price rally. Thus, the steel prices followed a downward trajectory as market participants expected Chinese policymakers to impose further market intervention measures …

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Fuel Oil Morning Report 21/05/21

At 11:05 am Singapore time (0305 GMT), the ICE Brent July contract was up 1 cent/b (0.02%) from the May 21 settle at $65.12/b, while the July NYMEX light sweet crude contract was up 14 cents/b (0.23%) at $62.08/b.   Iranian President Hassan Rouhani sent oil prices into a tailspin May 20 when he said …

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Morning Report Tanker FFA 21/5/21

Technical Analysis: TD3C June 21 Futures (rolling front month) 21/05/21  https://freightinvestorservices.com/blog/td3c-june-21-futures-rolling-front-month-21-05-21/ News Headlines: Benchmark Oil Tanker Rates at 2-Week High, Turn Positive (Bloomberg) TD3C climbed 6.8% to WS 34.58, the biggest move since May 4th     Valero Used Jones Act Waiver for N.Y.-Bound Tanker (Bloomberg) Valero has applied its Jones Act waiver it received …

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