Daily DCE Review 26/3/21

Iron ore futures ended the week on positive gains, albeit the previous selloff sessions occurred during the start of the week, due to bearish sentiment on stricter output cuts. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then rose for the fourth consecutive trading day by 2.01% day-on-day or up RMB …

FIS Fuel Oil Morning Report 26/03/21

Brent crude was higher by 54 cents, or 0.9%, at $62.49 a barrel by 0432 GMT, after dropping 3.8% on Thursday before pushing to just under $63.00 by 0700GMT. U.S. West Texas Intermediate (WTI) crude was up 65 cents, or 1.1%, at $59.21 a barrel, having tumbled 4.3% a day earlier. Both benchmarks were on …

Daily Capesize Review 25/3/21

Capesize freight rates rebounded slightly with some improvement in the key trading routes amid sluggish market. The Capesize 5 time charter average then rose by $124 day-on-day to $18,490 on Thursday, with improving market sentiment on shipping demand. The Baltic Dry Index (BDI), however continued to drop by 1.00% or 22 points to 2,172 readings, …

FIS LONDON COKING COAL MARKET REPORT 25/03/21

FIS LONDON COKING COAL MARKET REPORT     DCE Level May:  1543.5  unch   Coking Coal Index   TSI FOB PHCC up 1.3 at 111.80; mtd 118.14   Indicative Curve BID     OFFER   VALUE MAR      115.75   117.75   116.75 APR       113.50   115.50   114.50 MAY      116.50   118.50 …