DCE dips over cautious trading

Iron ore futures entered another correction phrase for the second consecutive days, following a market selloff at the close. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange plunged by 3.40% day-on-day to RMB 824.50 per tonne, after nosediving from a high opening. The steel rebar contract on the Shanghai …

Oil and Ore Intraday Morning Technical 9/9/20

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Steel & Scrap Morning Report 9/9/20

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Fertilizer Financial Markets Report 9/9/20

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Iron Ore DCE January Daily Technical Review Sep 9th

Verdict – Short-term bearish. DCE iron ore correct during the day, the current three days created lower highs. Each trading day ended with long upper shadows, indicating the marginal power is diminishing for new buyers. Hourly MACD created lower dead cross. Hourly slow stochastic KD is also creating lower dead cross. Technical signals are indicating …

Daily Ferrous Physical Review Sep 9th

Ferrous Market –    Australia Walcott Pier #1&2, 5&6 maintenance total impact 990,000 tonnes of iron ore delivery this week. Geraldton Pier 5 potential decrease delivery because of sea wave. Brazil Tubarao, PDM total delivery impact arround 910,000 tonnes. –    MySteel 45 port iron ore arrivals at 23.99 million tonnes down 558,000 tonnes w-o-w. Northern 6 …

Supramax & Handysize FFA Daily Report

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Capesize & Panamax FFA Daily Report

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