DCE rallies on optimism and better buying interests

Iron ore futures continued the bullish run amid better buying activities and market optimism over China’s economic plan to chart future growth. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange surged by 2.41% day-on-day to RMB 785 on Wedensday. The steel rebar contract on the Shanghai Futures Exchange also rallied …

Capesize rates rebound on better physical fixtures

Capesize freight rates rebounded on better fixtures in the physical market that supported an uptick in the paper market. The Capesize 5 time charter average then rose by $302 day-on-day to $18,606 on Tuesday, due to improving market sentiment on the physical market. The Baltic Dry Index (BDI) followed the minor uptick in Capesize and …

Evening Oil Report 27/10/20

Click below link for the Evening Oil Report       Click below link for the September Monthly Report   https://fisapp.com/wp-content/uploads/2020/10/Monthly-Oil-Report-Sep-2020.pdf     For more information please contact   FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568

London Iron Ore Derivatives Report 27/10/2020

Click below link to view the London Iron Ore Report   https://fisapp.com/wp-content/uploads/2020/10/FIS-Iron-Ore-London-Report-27102020.pdf       For more information please contact FIS Iron Ore Desk ferrous@freightinvestor.com London Number +44 (0) 207 090 1120 Singapore: +65 6535 5189 Shanghai: +86 21 6335 4002

Singapore Iron Ore Derivatives Report 27/10/20

Iron Ore Market Update Market Commentary Iron ore recovered some of the lost ground on Tuesday as investors awaited the outcome of China’s Communist Party plenum. China’s Communist Party plenum will convene this week as party officials will meet and lay out the blueprint for economic and social development targets for 2021-25. Meanwhile, data from …

DCE rebounds from one-month low despite mixed outlook

 Iron ore futures rebounded from previous one-month low amid high port inventory that affected iron ore demand. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange was flattish and booked a small gain of 0.20% day-on-day to RMB 768 on Tuesday. Similarly, the steel rebar contract on the Shanghai Futures Exchange …