Monthly archives: February 2024

Tanker FFA Report 05/02/24

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

Iron Ore DCE May24 Daily Technical Review 05/02/24

Verdict- Neutral to Bearish. DCE May24 contract potentially see a periodic bottom area. Hourly slow stochastic KD created gold cross in oversold area. Hourly MACD created gold cross. However the intraday resisted by 958.5. Market participants maintain watch and see mode before long holiday with narrowing volume. First support 933.5. First resistance 958.5.  

Daily Virtual Steel Mill Report 06/02/24

Verdict: • Short-run Neutral.   Macro: • The UN statistics indicated that thee ships passed by Suez Cannel down 42% during the past two months. • The IMF estimated that the growth rate of China in 2024 expected to increase by 4.6%.   Iron Ore Key Indicators: • Platts62 $128.00, -4.80, MTD $130.40. Iron ore …

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