Today’s snapshot — 2026-10-28
Top mover: Fastmarkets Rotterdam HMS 1&2 (80:20) FOB (MB-STE-0420) rose $12.40 (+3.63%) to $354.17 for Tue 27 Oct, reversing Monday’s $8.23 cut along with every Fastmarkets Turkey leg; Fastmarkets cites a US-origin cargo booked at $401 CFR.
Notable prices:
- Turkey Shredded CFR (Fastmarkets MB-STE-0095) = $414.08 (+$12.40, +3.09%)
- Turkey HMS US-origin CFR (Fastmarkets MB-STE-0417) = $398.89 (+$12.40, +3.21%)
- Turkey Shredded CFR (Kallanish) = $414.5 (−$0.50, −0.12%)
- Published CFR Port Qasim shredded (Fastmarkets MB-STE-0887) = $415.35 (+$1.28, +0.31%, 23 Oct print; no newer row)
Headline driver: The sanitized brief points to renewed Gulf shipping risk with Brent higher, and rising Pakistani diesel costs, but verifies no Pakistan price; the tape shows Fastmarkets Turkey rebounding on one US-origin booking while Kallanish barely moved, so the Fastmarkets–Kallanish shredded gap closed to $0.42 from $13.32.
Action signal (if any): No actionable price signal today. The brief’s desk read is to put open trades on a written go/no-go and secure document-backed controls first; Pakistan’s next print is 30 Oct.