Category archives: Products

FIS Singapore Iron Ore Derivatives Report 19/07/21

Market Commentary Iron ore futures were under pressure on Monday as China’s green push casts doubt on China’s steel demand outlook. China’s efforts to curb steel-related emissions through output cuts this year have so far failed to clamp down on surging iron ore prices, but the Chinese authorities aren’t giving up yet, signalling that they …

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ENGINE: East of Suez Bunker Fuel Market Update 19/7/21

East of Suez bunker prices have dropped further from Friday’s levels, as Brent crude values have come under pressure.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($11/mt), Singapore ($8/mt) and Fujairah ($5/mt) LSMGO prices down in Zhoushan ($15/mt), Fujairah and Singapore ($8/mt) HSFO380 prices down in …

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ENGINE: Europe & Africa Bunker Fuel Market Update 19/7/21

19 July 2021 Bunker prices are tracking a 1% Brent price drop down as OPEC+ is set to increase output from August.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($16/mt), Rotterdam and Durban ($6/mt) LSMGO prices down in Rotterdam ($16/mt), Gibraltar ($14/mt) and Durban ($12/mt) HSFO prices down …

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Daily DCE Review 19/7/21

Iron ore futures dipped at the start of the week, after a sluggish trading session with flat steel prices movement and expectation of more production curbs. The futures of Dalian Commodity Exchange (DCE) for September delivery then went down by 1.49% day-on-day or RMB 18.50 to RMB 1,225/mt during the day trading session on Monday. …

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Iron Ore DCE Sep Daily Technical Review 19/7/21

Verdict – Short-term neutral. DCE iron ore September tested low at important support area around 1209.0 and bounced back. Hourly slow stochastic KD potential to create gold cross. Hourly MACD potential to flatten below 0 axis. CCI created a rebound from bearish area. Technical signals were indicating neutral. The first support is 1209.0, the first …

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