On Friday we felt that there should still be another move higher for iron ore in this cycle, with our rule of alternation suggesting we should base between RMB 820 – RMB 811 but ultimately needed to see a pullback that held above the RMB 798 level. The Singapore holiday has been kind to us …
Category archives: News
Capesize & Panamax FFA Daily Report
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Supramax & Handysize FFA Daily Report
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London Iron Ore Market Report
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Oil Through the Looking Glass 16.11.2020
*OPEC+ Starts Meetings to Weigh Further Steps to Support Market* Today marks the start of the meetings that will be looking to address the current state of the oil market, and how the cartel can look to support prices going into what may be a turbulent turn of the year as people look to rebuild …
Freight Intraday Morning Technical
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Oil and Ore Intraday Morning Technical
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Daily Agri – Freight Report
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Steel & Scrap Morning Report
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Morning Oil Report 16/11/20
Brent crude futures for January rose 44 cents, or 1%, to $43.22 a barrel by 0204 GMT, while U.S. West Texas Intermediate crude for December was at $40.67 a barrel, up 54 cents, or 1.4%. Libya output continues to climb after analysts predict that output could be at around the 1.2 million barrels per …