Monthly archives: December 2020

Iron Ore DCE January Daily Technical Review Dec 2nd

Verdict – Short-term neutral. DCE iron ore Jan contract spiked following the coking coal Jan, which increased by 5.25%. The rolling of iron ore look very slow today. Be aware of short-run traders taking gains tomorrow. From hourly chart, slow stochastic KD went up through overbought area. CCI rebound slower. The first support is 915.0. …

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Daily Ferrous Physical Review Dec 2nd

Ferrous Market –    China Iron ore 45 port arrivals(Nov 23-29th) at 22.05 million tonnes, down 1.02 million tonnes w-o-w. Northern six port arrivals at 10.96 million tonnes, down 938,000 million tonnes w-o-w. –    Mysteel researched Nov 30- Dec 6th Australia iron ore port maintainance impact iron ore delivery arround 1.001 million tonnes. –    Ganggu Construction …

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