Iron ore had been looking vulnerable earlier in the week with the daily candles for the last 3 day’s closing higher but lacking any real momentum with the candles producing small bodies. The technical aspect of the market looks like it could exhaust soon; however, rising steel prices, a small easing in the stockpiles and …
Author archives: Edward Hutton
Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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Fuel Oil Daily Evening Report 20/11/20
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London Iron Ore Market Report
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Oil and Ore Intraday Morning Technical
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Daily Agri – Freight Report 20/11/20
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Freight Intraday Morning Technical
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Steel & Scrap Morning Report 20/11/20
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Morning Oil Report 20/11/20
Brent crude futures were down 5 cents, or 0.1% to $44.17 a barrel at 0744 GMT. U.S. West Texas Intermediate crude contract was down at $41.90 a barrel. The WTI contract for November, which expires on today, was also flat at $41.74 per barrel. The news of vaccine efficacy is having positive reverberations around …