FIS API Blog
The EU parliament has now approved of new environmental measures, one of which is to include shipping in the EU ETS. It will now move onto negotiations with member states to finalise the new legislation. The main features of this new regulatory package are: Shipping to be included in the ETS by 2024 …
Continue reading “European Parliament Votes to add Shipping to EU Emissions Trading Scheme (ETS)”
Market Verdict on Iron Ore： • Neutral. Macro • U.K. May CPI up 9.1%, est. 9.1%, refreshed the highest since 1982. May CPI up 0.7% from April. Iron Ore Key Indicators: • Platts62 $109.40, -6.50, MTD $133.82. Float base iron ore premium dropped massively from $2.8 to $0.45 over the last ten trading …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Russia Russia has become the largest oil exporter to China as it discounted crude to Beijing amid sanctions over Ukraine. Their imports rose by 55% from a year earlier to a record level in May, knocking Saudi Arabia from the top spot despite their export volumes going up 9% year-on-year at 7.8 million tonnes. The …
Iron ore, coking coal, and steel are the focus of this week’s podcast as we take a look at the trade flows and major issues facing the ferrous complex. All quoted data is from S&P Global Market Intelligence. Click Below to Listen: Website – https://freightinvestorservices.com/fis-podcast/ Spotify – https://open.spotify.com/episode/7nKCAEfnEIY8OpHrx5zFdB?si=xB-cnIGcTXiWs-T5Iiocfw iTunes – …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Market Verdict on Iron Ore： • Neutral. Macro • President of the Cleveland Federal Reserve Bank said that it would take two years for the inflation rate to fall to the Fed’s target of 2%, adding that the inflation rate would gradually “move down” from the current level. • The United States is considering …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004
Market Verdict on Iron Ore： • Bearish. Macro • U.S. Energy Department indicated that U.S. appeal to increase oil production. A tanker carrying 650,000 barrels of Venezuelan crude oil destined Europe . This is the first time that Venezuela, under US sanctions, has exported crude oil to Europe in the past two years. • …
