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Monthly archives: October 2023
Fuel Oil Daily Morning Report 23/10/23
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Steel and Scrap Report 23/10/23
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Iron Ore DCE January24 Daily Technical Review 23/10/23
Verdict- Neutral. DCE Jan24 contract corrected as expected. However, the market saw a rebound in the afternoon session. Hourly slow stochastic KD created gold cross in oversold area. Hourly CCI entered neutral area. Hourly MACD still widened in bearish territory. Iron ore potentially saw a short-run exhaustion and stablise at current level without further breakdown …
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Daily Virtual Steel Mill Report 23/10/23
Verdict: • Short-run Neutral to Bearish. Macro: • The US Federal Reserve governor, Loretta Mester stated that the benchmark interest rate was approaching peak level, and decision-makers need to be “flexible” in their actions. Bank of America Global Research has postponed the Fed’s final rate hike forecast to December. • Pan Gongsheng, the governor …
Fertilizer Daily Report 20/10/23
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Aluminum Premium Report 20/10/23
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Capesize & Panamax FFA Daily Report 20/10/23
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Supramax & Handysize FFA Daily Report 20/10/23
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London Iron Ore Market Report 20/10/23
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