Strong PMI figures in China have not filtered through to the DCE iron ore with price remaining below the RMB 806 level. A positive night session has seen the futures move RMB 8 higher, USD 1.18 for the Nov futures (+1.1%). Potentially this is nothing more than day traders positioning themselves for a potential change …
Author archives: Edward Hutton
Capesize & Panamax FFA Daily Report
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Supramax & Handysize FFA Daily Report
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Fuel Oil Daily Evening Report 3/11/20
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London Iron Ore Market Report
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FIS Panamax Technical Report
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Steel an Scrap Morning Intraday Note
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Daily Agri – Freight Report 02/11/20
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Freight Intraday Morning Technical
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Morning Oil Report 02/11/20
Brent crude futures inched up 1 cent to $38.98 a barrel at 0440 GMT, while WTI crude futures were up 8 cents, or 0.2%, to $36.89 a barrel. Both benchmarks gained nearly 3% on Monday, after heavy losses for the last week of October. Oil was holding particularly steady over the UK evening, where …