Verdict- Neutral. DCE Sep23 contract returned to rangebound area from 771.0 to 803.0, after rejected by 803.0. Hourly MACD narrowed in bullish area. Hourly CCI retreated after failing to breakthrough the bullish boundary. First support 771.0. First resistance 803.0.
Monthly archives: April 2023
Daily Virtual Steel Mill Report 12/04/22
Market Verdict on Iron Ore： • Neutral. Macro： • IMF published the World Economic Outlook, estimated global economy growth by 2.8% in 2023, 0.1% lower than previous expectation. The estimated growth rate up 3% by 2024, down 0.1% than last prediction. • A report from the New York Federal Reserve stated that the Federal …
Morning Oil Report 12/04/23
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FIS Fertilizer Market Report 11/04/23
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Supramax and Handysize FFA Report 04/11/23
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Capesize and Panamax FFA Repor04/11/23
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Dry Freight Index Report 11/04/23
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London Iron Ore Derivatives Report 11/04/23
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Evening Oil Report 11/04/23
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ENGINE: Americas Bunker Fuel Market Update 11/04/23
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