FIS API Blog
Verdict – Short-term neutral. DCE iron ore closed with a second day white candle, indicated iron ore in short-run ended correction. A breakthrough on 805.5 would bring iron ore into a mid-run consolidation. A rejection on 805.5 would still put iron ore into a neutral to bearish market. From hourly chart, slow stochastic KD created …
Continue reading “Iron Ore DCE January Daily Technical Review Oct 28th”
Ferrous Market – MySteel Australia and Brazil iron ore total delivery(Oct 19 – 25th) at 24.58 million tonnes, down 339,000 tonnes. Australia iron ore delivery 17.21 million tonnes, down 3.05 million tonnes w-o-w. Australia delivery to China 13.81 million tonnes, down 2.54 million tonnes w-o-w. Brazil iron ore delivery 7.36 million tonnes, down 337,000 tonnes …
Click below link for the Evening Oil Report Click below link for the September Monthly Report https://fisapp.com/wp-content/uploads/2020/10/Monthly-Oil-Report-Sep-2020.pdf For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Click below link to view the London Iron Ore Report https://fisapp.com/wp-content/uploads/2020/10/FIS-Iron-Ore-London-Report-27102020.pdf 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
Iron Ore Market Update Market Commentary Iron ore recovered some of the lost ground on Tuesday as investors awaited the outcome of China’s Communist Party plenum. China’s Communist Party plenum will convene this week as party officials will meet and lay out the blueprint for economic and social development targets for 2021-25. Meanwhile, data from …
Continue reading “Singapore Iron Ore Derivatives Report 27/10/20”
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
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
Iron ore futures rebounded from previous one-month low amid high port inventory that affected iron ore demand. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange was flattish and booked a small gain of 0.20% day-on-day to RMB 768 on Tuesday. Similarly, the steel rebar contract on the Shanghai Futures Exchange …
Continue reading “DCE rebounds from one-month low despite mixed outlook”
Macro and Money Movement. Financial markets remained conservative prior to the US election which both Europe and the US registered a second round of the pandemic. Many countries’ Covid-19 infections have created single day high. From China Exchange data, equity and industrial commodity sector markets showed a correction. The agricultural commodity sector was supported. China …
Continue reading “FIS Weekly Ferrous Report: Iron ore continues bearish run”
Brent crude was up 19 cents, or 0.5%, at $40.65 a barrel by 0324 GMT. WTI gained 15 cents, or 0.4%, at $38.71 a barrel. Both contracts fell more than 3% on Monday. Although oil was up this morning, there are still many unanswered questions regarding the extent of the relief package that will be …
