FIS API Blog
Iron ore futures rallied on bullish market sentiment since the start of week on better downstream demand from China. The most-traded iron ore for September delivery on China’s Dalian Commodity Exchange rose by 2.88% or RMB 25.50 day-on-day to RMB 910 per tonne on Thursday. Following the rally, the Shanghai Futures Exchange also went up …
Continue reading “DCE extends gains on better downstream demand”
Good morning. Brent futures rose 9 cents or nearly 0.2% to $45.25 by 4:36 am GMT, while WTI futures eased 3 cents, or 0.1%, to $42.16 a barrel. Global COVID-19 cases stand at 18,727, 700, while total deaths had exceeded the 700,000 mark, according to data from John Hopkins University. While the number of daily …
What is going on with this iron ore market? How come freight is flying again? Why is nothing moving on oil? Memes aside, join the team to discuss the week’s movements and idiosyncrasies. Available now on the FIS website (www.freightinvestorservices.com/media ) Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242 Disclaimer: This podcast is a marketing communication and is not based upon …
