As expected, the iron ore market has traded up to new highs today with the DCE futures trading up to 861.5 and the Dec offshore trading to a high of USD 122.99. Iron ore is following the steel Rebar that continues to push higher on strong industrial and property data with output in October remaining …
Author archives: Edward Hutton
Fuel Oil Daily Evening Report
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FIS Zinc Technical Report
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Oil Through the Looking Glass 17/11/20
*Equinor Sees Oil Demand Peaking Two-Three Years Sooner Due to Virus* Equinor sees global demand peaking at around 2027-2028, two years earlier than previously predicted because of the coronavirus pandemic sparking the interest in the roll-out of greener energies quicker than first through possible. 100 million barrels per day consumption – the levels seen before …
FIS Technical – Brent Jan 21 Daily
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Freight Intraday Morning Technical
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Daily Agri – Freight Report 17/11/20
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Fertilizer Financial Markets Commentary/Curves
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Steel & Scrap Morning Report 17/11/20
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Morning Oil Report 17/11/20
Brent crude futures for January rose 18 cents, or 0.4%, to $44.00 a barrel by 0737 GMT and U.S. West Texas Intermediate crude for December added 8 cents, or 0.2%, to $41.42 a barrel. However, as we entered the European open the market started to fall, dropping below the $44. A vaccine that is …