Click below link to view the London Iron Ore Report For more information please contact FIS Iron Ore Desk ferrous@freightinvestor.com London Number +44 (0) 207 090 1120 Singapore: +65 6535 5189 Shanghai: +86 21 6335 4002
Monthly archives: October 2020
Evening Oil Report 30/10/20
Click below link for the Evening Oil Report Click below link for the September Monthly Report For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Steel and Scrap Report 30/10/20
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 US (KS): +1 813 490 6630
Singapore Iron Ore Derivatives Report 30/10/2020
Iron Ore Market Update Market Commentary Iron ore futures rallied to $116 in London morning as investors continued to assess rising port stockpiles against the strength of China’s steel market as the country continues its recovery from the coronavirus pandemic. Iron ore futures were initially lower in Asia as the latest MySteel data showed that …
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Agri-Freight Report 30/10/2020
Click below link to view the Agri-freight report For more information please contact FIS Agri freight Desk luisf@freightinvestor.com London +44 (0) 207 090 1120 Direct +44 (0) 7543223444
Preparation for winter output cut ahead
A total of 1.02 million mt of iron ores was traded for the week ended Oct 30, down almost 27% week-on-week as compared to the 1.39 million mt recorded last week. The declining volumes was in line with market expectation of the upcoming winter production cut with strict environmental regulations being implemented. Pilbara Blend fines …
Morning Oil Report 30/10/20
Brent crude slipped for a third day and was down 51 cents, 1.4%, at $37.14 a barrel by 0628 GMT after touching a five-month low in the previous session. December Brent contract expires on Friday. U.S. West Texas Intermediate (WTI) crude declined 48 cents, or 1.3%, to $35.69 a barrel after dipping to its lowest …
DCE rises on lower steel stockpiles
Iron ore futures rose on drawdown of steel stocks among Chinese traders, lifting market sentiments on better steel demand ahead. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose by 2.12% day-on-day to RMB 794.50/mt on Friday. Following the rally, the steel rebar contract on the Shanghai Futures Exchange also …
Capesize rates fall on further market selloff
Capesize freight rates fell further on aggressive selloff in the market, due to softening paper and physical market. The Capesize 5 time charter average then dropped by $2,100 day-on-day to $15,781 on Thursday, after a bloodbath in the paper market. The Baltic Dry Index (BDI) also followed the downtrend and dropped by 6.29% or 87 …
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Iron Ore DCE January Daily Technical Review Oct 30th
Verdict – Short-term neutral. DCE iron ore rebounded during the day, however the daily high failed to break the major resistance at 805.5. If a rejection further at 805.5 would bring iron ore back to consolidation. A breakthrough would lift iron ore to a short-run bullish trend. From hourly chart, slow stochastic KD created gold …
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