Monthly archives: December 2021

Ferrous trade weekly review 31/12/21

A total of 1.375 million mt of iron ores was traded for the week ended Dec 31, as trades picked up with restocking activities for the pre-Lunar New Year period. There was some easing of output restrictions for mills that met the environmental requirement, which led to increase in productions. During the week, the trades …

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Iron Ore Offshore Jan 22 Morning Technical Comment – 240 Min Chart 31/12/21

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Daily DCE Review 31/12/21

Iron ore futures rose for the second consecutive trading day, amid falling steel stocks and market anticipation of better restocking activities ahead. The futures of Dalian Commodity Exchange (DCE) for January delivery then inched up by 0.89% day-on-day or up RMB 6 to RMB 680/mt, during the day trading session on Friday. The rebar futures, …

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Morning Oil Report 31/12/21

Everyone on the FIS Bunker Desk wishes you a very happy and healthy New Year in 2022!   At 10:42 am Singapore time (0242 GMT), the ICE March Brent futures contract was down 89 cents/b (1.12%) from the previous close at $78.64/b, while the NYMEX February light sweet crude contract was down 85 cents/b (1.1%) …

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