Capesize & Panamax FFA Daily Report

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FIS Daily Ferrous Report

Iron ore futures ticked up above $114 on Monday amid growing profits for industrial companies in China, though subdued trading and thin volumes are expected this week ahead of China’s “golden week” holidays. According to data from the National Bureau of Statistics, profits at Chinese industrial enterprises rose for a fourth month, as the continued …

Oil and Ore Intraday Morning Technical

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Oil Through the Looking Glass 28/9/2020

Gulf Nations Are Desperate for Higher Oil Prices Nations in the Gulf, including the Saudi oil powerhouse have said that they are able to withstand any shock in oil prices, but many have forecast that this is simply not the case. Although Saudi has some of the lowest production costs in the world, the current …

DCE inches up on cooling market activities

Iron ore futures posted slight gain on Monday, despite the cooldown of restocking activities ahead of the Golden week holidays. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange then rose slightly by 0.92% day-on-day to RMB 770 per tonne on Monday. The steel rebar contract on the Shanghai Futures Exchange …

Fertilizer Financial Markets Commentary/Curves

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