Category archives: Products

FIS Singapore Iron Ore Derivatives Report 29/07/21

Market Commentary Iron ore futures were heavily sold off on Thursday as China raised steel export tariffs as it seeks to achieve the twin goals of capping capping domestic production and taming the surging raw material prices that have fanned concerns about inflation. Starting from 1 August, China will raise the export tax on high-purity …

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ENGINE: East of Suez Bunker Fuel Market Update 29/7/21

East of Suez bunker price movements have been mixed amid a $0.50/bbl Brent gain in the past day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($10/mt) and Fujairah ($3/mt), and down in Singapore ($3/mt) LSMGO prices up in Zhoushan ($10/mt), Fujairah ($5/mt) and Singapore ($4/mt) HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 29/7/21

Bunker prices have made fresh gains in Europe and Africa, and rough weather is set to disrupt bunkering in Las Palmas and Algoa Bay until next week.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Gibraltar ($6/mt) and Rotterdam ($5/mt) LSMGO prices up in Durban ($9/mt), Gibraltar ($7/mt) …

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