Monthly archives: December 2021

Daily DCE Review 21/12/21

Iron ore futures rebounded from previous losses and firmed up over restocking activities for the upcoming new year. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 2.56% day-on-day or up RMB 17.50 to RMB 702/mt, during the day trading session on Tuesday. The rebar futures, however, went down by 1.41% …

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Daily Capesize Review 20/12/21

Capesize freight rates rebounded from recent weakness and after a series of corrections, during the last trading weeks for the year. The Capesize 5 time charter average, then jumped up by $670 day-on-day to $23,283 on Monday, as the market bottomed out from recent slump. The Baltic Dry Index (BDI) however, dipped slightly by $8, …

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Daily DCE Review 20/12/21

Iron ore futures dipped at the close, despite a promising start at the morning session but only to succumbed to loss at later noon session. The futures of Dalian Commodity Exchange (DCE) for January delivery then slumped by 1.32% day-on-day or down RMB 9 to RMB 673.50/mt, during the day trading session on Monday. The …

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