Verdict- Bullish. DCE Sep23 contract maintained in bullish run as expected. Hourly slow stochastic KD entered bullish area. Hourly CCI entered bullish territory. Technical signals were indicating the bullish run in continuance. First support 732.0. First resistance 794.5.
Monthly archives: June 2023
Daily Virtual Steel Mill Report 02/06/23
Market Verdict on Iron Ore: • Neutral to bullish. Macro: • MySteel estimated 45 Chinese iron ore ports total inventories at 127.52 million tons, down 412,900 tons. Daily evacuation at 2.9099 million tons, down 7,200 tons on the week. • Eurozone May inflation rate decreased from 7% to 6.1%, lower than expected 6.3%. The …
London Iron Ore Derivatives Report 01/06/23
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Supramax and Handy FFA Report 01/06/23
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Capesize and Panamax FFA Report 01/06/23
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Evening Oil Report 01/06/23
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ENGINE: Americas Bunker Fuel Market Update 01/06/23
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ENGINE: Europe & Africa Bunker Fuel Market Update 01/06/23
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ENGINE: East of Suez Bunker Fuel Market Update 01/06/23
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Singapore Iron Ore Derivatives Report 01/06/23
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