Category archives: Uncategorized

ENGINE: Europe & Africa Bunker Fuel Market Update 02/03/22

HSFO380 availability slightly tight in ARA hub Suppliers in Gibraltar Strait ports brace for upcoming bad weather Las Palmas bunker supply limited to inner anchorage   ARA bunker availability is normal for VLSFO and LSMGO, while HSFO380 is slightly tight. A number of suppliers get HSFO380 supplies from Russia which has led to some tightness, …

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Iron Ore DCE May Daily Technical Review 2/3/22

Verdict – Short-term bullish. DCE iron ore May22 rebounded as previous expectation over the last two trading days. However hourly MACD flattened. Hourly slow stochastic KD also flattened. Daily MACD potententially create gold cross. Short-run technical signals are indicating a rebound in continuance. The first support is 732.5, the first resistance is 763.5