Monthly archives: July 2023

Iron Ore DCE September23 Daily Technical Review 19/07/23

Verdict- Neutral. DCE Sep23 contract gave back all gains on last trading day, as expected the iron ore traded in rangebound however returned to the level at last Thursday. Hourly CCI left bearish territory and entered neutral area. Hourly MACD widened in bearish territory. A breakdown on 830.5(neckline level) would confirm entrance of mid-run correction. …

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Daily Virtual Steel Mill Report 19/07/23

Market Verdict on Iron Ore： • Neutral.   Macro： • JPM said that the China housing turmoil raised chance for lower down payment ratios. Previously, the huge debt default risk in Evergrande failed analysts expectations.   Iron Ore Key Indicators: • Platts62 $115.85, +0.80, MTD $111.33. The seaborne trade refreshed the most active day of …

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Freight Index Report 18/07/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004