FIS Castaway Podcast – Episode 47 24/03/21

    FIS Castaway Podcast – Episode 47 – Air Passenger Special   Serious volatility in air passenger travel has us asking CEO Mark Howarth of Skytra about their index for air passenger travel pricing. Learn about incredible new tools for hedging and trading this vital sector, along with our usual news and updates, on …

Daily DCE Review 24/3/21

Iron ore futures continued to rally higher after early losses occurred at the start of the week over concerns for stricter output curbs. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then rose for the second consecutive trading day by 2.78% day-on-day or up RMB 28.50 to RMB 1,053/mt on Wednesday. …

FIS Fuel Oil Morning Report 24/03/21

Brent crude futures rose 8 cents, or 0.1%, to $60.87 a barrel by 0454 GMT, after tumbling 5.9% and hitting a low of $60.50 the previous day. West Texas Intermediate (WTI) crude futures climbed 8 cents, or 0.1%, to $57.84 a barrel, having lost 6.2% and touched a low of $57.32 on Tuesday. Both benchmarks …

Daily Capesize Review 23/3/21

Capesize freight rates reversed into correction, with some profit-takings from trade participants after the recent rally. The Capesize 5 time charter average then plunged down by $637 day-on-day to $19,114 on Tuesday, after a selloff in the paper market. The Baltic Dry Index (BDI) followed the correction and went down by 2.07% or 48 points …