Category archives: News

Daily Virtual Steel Mill Report 26/8/21

Market Verdict on Iron Ore： ·         Neutral to bullish Macro ·         S&P 500 and Nasdaq closed on prehistoric high yesterday. Iron Ore Key Indicators: ·         Platts62 $149.45, +0.85, MTD $160.09. ·         Brazil Minas Gerais State No. 8 iron ore miner received environment approval by the end of year 2021, and the miner will immediately start …

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Iron Ore DCE Jan Daily Technical Review 26/8/21

Verdict – Short-term neutral. DCE iron ore January contract reached 7 day high intra-market, however gave back most of gains. In general iron ore maintained oversold rebound this week. However 844.0 rejected iron six times from hourly chart, which was a strong resistance in short-run. Hourly candles created higher consolidation area, and proved a rebound …

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Morning Fuel Oil 26/08/21

Morning Oil Report   Brent crude rose $1.20, or 1.7%, to settle at $72.25 a barrel. U.S. West Texas Intermediate (WTI) crude gained 82 cents, or 1.2%, to end at $68.36 a barrel. U.S. gasoline futures rose 5.5% to settle at $2.3008 a gallon. During the session, prices reached $2.3026 a gallon, their highest since …

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Tanker Morning Report 26/08/21

News Headlines:   OIL DAYBOOK EUROPE: Indian Jet Fuel Demand Climbs; U.S. Driving (Bloomberg)   People across India are taking to the skies after months stuck in their homes during a deadly Covid-19 wave, driving a spike in demand for jet fuel, the oil product hit hardest by the ongoing pandemic. Americans Keep Driving Despite …

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Fertilizer Market Report 25/08/21

Please click below to view the report                 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): …

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