Monthly archives: November 2022

Iron Ore DCE January Daily Technical Review 17/11/22

Verdict – Short-term neutral to bullish. DCE iron ore January contract tested low and rebounded. Intra-day refreshed a periodic high with slight improving trading volume. Hourly MACD in slight bearish territory. However daily MACD moved aggressively in bullish territory. Both short-run and mid-run technical signals were indicating a rebound in the aftermarket. The first support …

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Daily Virtual Steel Mill Report 17/11/22

Market Verdict on Iron Ore： • Neutral.   Macro: • UK CPI up 11.1% in October, refreshed the highest since 1982, est. 10.7%, last 10.1%. • U.S. November NAHB housing index at 33, refreshed new low since April 2020, est. 36, last 38.   Iron Ore Key Indicators: • Platts62 $98.10, +2.40, MTD $89.25. Iron …

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Freight and Commodity Podcast 16/11/22

An overview of the Freight and FFA market; with a rollercoaster of news in China, we hear how that affects Iron Ore and finally end with some colour in the fuel oil market.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/0IMck3PzVAXmZ1440ril2O?si=iyr5dub7QKODMA3NCRH87g   Itunes – https://podcasts.apple.com/gb/podcast/episode-110-16-11-22/id1507094242?i=1000586474323