Iron Ore DCE Jan Daily Technical Review 5/11/21

Verdict – Short-term neutral. DCE iron ore Jan21 refreshed low again and created two consecutive correction with lower highs and lows. However the support was strong around 552.5- 557.5 area. A breakdown on this area would trigger a big correction. Otherwise iron ore expected to exhaust in the narrow area. Hourly MACD narrowed above 0 …

Daily Virtual Steel Mill Report 5/11/21

Market Verdict on Iron Ore: ·         Neutral. Macro ·         The U.S. Taper has no essential relations to interest rate increase, since Taper was focusing on less purchase on T-bonds. Some macro analysts believed that the interest rate potentially start in the Q4 of the year 2022. ·         China NDRC: Encouraging the China domestic iron ore …

Cape and Panamax FFA Report 4/11/21

Please click below to view the report         Index Report below     https://fisapp.com/wp-content/uploads/2021/11/04.11.2021.pdf       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 US …

Supramax and Handy FFA Report 4/11/21

Please click below to view the report         Index Report below     https://fisapp.com/wp-content/uploads/2021/11/04.11.2021.pdf     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 US (FL): …