Tanker FFA Report 25/10/23

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Steel and Scrap Report 25/10/23

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Iron Ore DCE January24 Daily Technical Review 25/10/23

Verdict- Neutral. DCE Jan24 contract rebounded as expected. However we change the market view from bullish to neutral because the intra-day high was rejected by 878.5- 881.5 area, which used to witness two important market reversals in September and October respectively. Hourly CCI corrected from overbought area to neutral area. Hourly MACD narrowed in bullish …

Daily Virtual Steel Mill Report 25/10/23

Verdict: • Short-run Neutral to Bullish.   Macro: • China approved a plan to raise fiscal deficit ratio from 3% to 3.8%. The plan issued a 1 trillion yuan sovereign debt to support disaster relief and construction.   Iron Ore Key Indicators: • Platts62 $118.55, +3.00, MTD $118.19. Ferrous market spiked as the over-expected 1-trillion …

Capesize & Panamax FFA Daily Report 24/10/23

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Fuel Oil Daily Evening Report 24/10/23

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