Category archives: Products
FIS Fuel Oil Morning Report 27/07/2020
Brent futures were down 8 cents/b, or 0.18%, to $43.26/b by 3:15 am GMT, while WTI futures were down by 4 cents/b, or 0.1%, at $41.25/b. The drop of oil prices mirrored moves in broader financial markets in Asia amid concerns about escalating tensions between the world’s two biggest economies following the closures of consulates …
Fertilizer Financial Markets Commentary/Curves
Daily Ferrous Physical Review Jul 27th
Ferrous Market Updates – Steelbank Inventory: rebar inventories 7.52 million tonnes, up 2.38% w-o-w. HRC 1.84 million tonnes, up 1.85%. – China H1 pig iron production 432.68 million tonnes, up 2.2% y-o-y. Crude steel production 499.01 million tonnes, up 1.4% y-o-y. – China metallurgical research institution said China steel per GDP will decrease in long …
London Iron Ore Market Report
Supramax & Handysize FFA Daily Report
Capesize & Panamax FFA Daily Report
Fuel Oil Daily Evening Report
Iron ore futures sink as stockpiles rise
Iron ore futures sank to 106 in London on Friday as stockpiles in China expanded yet again. Inventory at ports rose by 2.78 million tonnes on week to 113.25 million tonnes, according to Mysteel data. Material from both Australia and Brazil climbed, with the latter gaining more than 5%. This was further exacerbated by the …