Monthly archives: January 2022

Iron Ore Offshore Feb 22 Morning Technical Comment – 240 Min Chart 21/01/22

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Ferrous Trade Weekly Review 21/1/22

A total of 1.87 million mt of iron ores was traded for the week ended Jan 21, up 65.49% on-week, as buyers rushed for purchases before Lunar New Year holidays. Most of the purchases were scheduled for delivery in late February and early March, as market participants believed that the steel demand will pick up …

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Daily DCE Review 21/1/22

Iron ore futures extended gains on Friday, despite slowing demand and improvement in the buildup of steel stocks. The futures of Dalian Commodity Exchange (DCE) for January delivery then increased by 2.23% day-on-day or up RMB 16.50 to RMB 755.50/mt, during the day trading session on Friday. The rebar futures also rose slightly by 0.11% …

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