Category archives: Products

Daily DCE Review 9/3/21

Iron ore futures plunged at the close, after a new round of output curb implemented in Tangshan to comply with stricter environmental regulations. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then nosedived by 9.95% day-on-day or down RMB 114 to RMB 1,031.50/mt on Tuesday. The steel rebar contract on the …

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Daily Capesize Review 8/3/21

Capesize freight rates continued to rise on better physical market and bullish market sentiment for both basins. The Capesize 5 time charter average then rose by $344 day-on-day to $15,138 on Monday, due to active start of shipping activities for the week. The Baltic Dry Index (BDI) followed the rally and moved higher with gains …

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FIS Fuel Oil Morning Report 09/03/21

Brent crude futures for May rose by 53 cents, or 0.8 %, to $68.77 a barrel by 0436 GMT, while U.S. West Texas Intermediate (WTI) crude for April rose 44 cents, or 0.7%, to $65.49.   Saudi Arabia remain in full control of the current oil prices with the 1 million barrels a day voluntary …

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