Daily DCE Review 7/12/21

Iron ore futures rallied on looser monetary policy, higher iron ore import figures and expectation of better economic policy plans for the next year. The futures of Dalian Commodity Exchange (DCE) for January delivery then jumped up by 8.07% day-on-day or up RMB 48 to RMB 643/mt, during the day trading session on Tuesday. The …

Morning Oil Report 07/12/21

At 10:30 am Singapore time (0215 GMT), the ICE February Brent futures contract was up 43 cents/b (0.62%) from the previous close at $73.51/b, while the NYMEX January light sweet crude contract rose 58 cents/b (0.59%) at $70.07/b.   Analysts have maintained that the recent sell-off that sent oil prices crashing by more than 20% …