FIS Singapore Iron Ore Derivatives Report 13/05/21

Iron Ore Market Update     Market Commentary Iron ore futures declined sharply on Thursday over mounting inflation concerns as well as fears that China will step up its efforts to control raw material costs. Iron ore has endured one of its most volatile weeks to date, surging to unprecedented $233 on Wednesday amid robust …

Coming Soon – Physical Bunker Prices

Freight Investor Services (FIS) and Engine Technologies (ENGINE) are delighted to announce a new data sharing partnership, bringing together their respective expertise on bunker futures and physical markets.   The partnership, due to go live 17th May, will see physical and future derivative prices on fuel oil products available on both the FIS Live and …

Iron Ore DCE Sep Daily Technical Review 13/5/21

Verdict – Short-term bearish. DCE iron ore September contract continued correction, with a further correction expectation in next trading day. Hourly stochastic KD slumped after a dead cross in the first hourly of DCE night session yesterday. Hourly CCI however finally flattened after created a year-low level. Hourly candles filled the previous gap created after …