FIS Singapore Iron Ore Derivatives Report 23/06/2021

Market Commentary Iron ore futures advanced on Wednesday amid supply tightness across Chinese ports while optimism over global demand as well as speculation over relaxing production restrictions in Tangshan also supported price for the steelmaking ingredient. According to data by Mysteel, iron ore deliveries from Australia and Brazil were down 1.95 million tonnes this week …

FIS Castaway Podcast – Episode 60 23/06/21

    FIS Castaway Podcast – Episode 60 – Coking Coal Special   Have you met coal? With coking coal finally making significant moves we invite Dave Powell to talk to us about this vitally important commodity.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-60/   Spotify https://open.spotify.com/episode/1wZrz8bPEJHJqdWU34fnZa?si=PXFnYC0AQyCtbpHQKVxb9Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-60-coking-coal-special/id1507094242?i=1000526595842         Disclaimer: This podcast is …

Daily DCE Review 23/6/21

Iron ore futures rebounded for previous losses, supported by supply tightness and market talks of relaxation of output curb in Tangshan by July. The futures of Dalian Commodity Exchange (DCE) for September delivery then jumped up by 3.99% day-on-day or up RMB 45 to RMB 1,173/mt on Wednesday. The steel rebar contract on the Shanghai …