FIS API Blog
The fact that the Colombian government feels the need to militarize the border tells us all we need to know about the Covid-19 situation in Brazil. Fast becoming a global hotspot, neighbouring nations are become increasingly concerned by the country’s failure to tackle the pandemic with the same aggressive tactics that we are seeing internationally. …
Continue reading “Is Brazilian iron ore supply about to come under pressure?”
Iron ore futures steadied as investors focused on measures in China to shore up economic growth, as well as the outlook for demand. The People’s Bank of China recently vowed to deploy “more powerful” policies, without giving further details on what measures it will use, and key government meetings starting next week may approve more debt sales among …
Continue reading “Iron Steady With Focus on China Stimulus, Steel Output”
The global iron ore market will have a surplus of 4 million tons this year on higher shipments and lower steel demand outside of China, according to Goldman Sachs Group Inc. in a revised projection. Previous expectation was a 30 million-ton deficit, analysts including Paul Young said in a report dated Thursday Market to move into a surplus in …
Continue reading “Iron Ore to Fall to $70 as Market Moves to Surplus, Goldman Says”
2020/21 OUTLOOK SOYBEANS Global soybean production in 2020/21 is forecast to surge to 362.8 million tons, up 8 percent from the 2019/20 estimate and 2.5 million tons above the 2018/19 record. Two factors are driving this increase: a rebound in plantings and yield in the United States and record area forecast in Brazil. Combined, Brazil …
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Supramax-13-05-20.pdf
https://freightinvestorservices.com/wp-content/uploads/2020/05/FIS-Morning-Technical-Capesize-13-05-20.pdf
