NYMEX February WTI increased 58 cents to settle at $76.56/b, and ICE February Brent rose 29 cents to settle at $79.23/b, after crossing the $80/b threshold earlier in the trading day. NYMEX January RBOB jumped 2.46 cents to settle at $2.2717/gal, and January ultra-low sulphur diesel climbed 64 points at $2.3778/gal. EIA Report Crude: …
Monthly archives: December 2021
Iron Ore Offshore Jan 22 Morning Technical Comment – 240 Min Chart 30/12/21
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Fertilizer Derivatives End of Day Report 29/12/21
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Fuel Oil Daily Evening Report 29/12/21
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London Iron Ore Market Report 29/12/21
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Iron Ore Market Daily Report 29/12/21
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Capesize Feb 22 Morning Technical Comment – 240 Min 29/12/21
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Iron Ore Offshore 29/12/21
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Iron Ore DCE May Daily Technical Review 29/12/21
Verdict – Short-term neutral to bearish. DCE iron ore May22 contract corrected significantly during the day and recovered major loss during the last half hour. The previous support 673.0 became a major resistance, which used to be a neckline of a multiple tops area – a traditional bearish top reversal pattern in long-run. However an …
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Daily Virtual Steel Mill Report 29/12/21
Market Verdict on Iron Ore: • Neutral to bearish. Macro • China Ministry of Industrial Information Technology vice chairman indicated that they have complied an implementation plan on non-ferrous, construction materials and petrol-chemical industry. At the same time, the new built capacity will be controlled. • China central bank PBOC: China financial system was generally …