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Daily Virtual Steel Mill Report 19/08/24

Verdict: • Short-run Neutral. Macro: • China Ministry of Commerce and seven other departments increased subsidy standards for scrapped automobiles, and raised the subsidy standards for purchasing new energy passenger vehicles and fuel passenger vehicles to 20,000 yuan and 15,000 yuan from 10,000 yuan and 7,000 yuan respectively. • Mining group BHP Billiton announced …

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Oil and Products Morning Report 19/08/24

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

Oil and Products Morning Report 15/08/24

Supramax and Handysize FFA Report 14/08/24

Capesize and Panamax FFA Report 14/08/24

Supramax Sep 24 Morning Technical Comment – 240 Min 09/08/24

Panamax Sep 24 Morning Technical Comment – 240 Min 09/08/24

Capesize Sep 24 Morning Technical Comment – 240 Min 09/08/24

Iron Ore DCE Jan25 Daily Technical Review 09/08/24

Verdict- Neutral. DCE iron ore consolidated and rebounded significantly this morning. Hourly MACD entered bullish territory. Hourly slow stochastic KD entered neutral area after a gold cross created in bearish territory. The next resistance level was 756.0, which was an area with massive trades historically. First support 727.5. First resistance 756.0.

Daily Virtual Steel Mill Report 09/08/24

Verdict: • Short-run Neutral. Macro: • US jobless claims down 17,000 to 233,000, refreshed biggest drop during the year, indicating a warm on job market. • China’s CPI in July increased by 0.5% year-on-year, est. 0.3%, last 0.2%. Iron Ore Key Indicators: • Platts62 $99.30, -1.30, MTD $102.03. IOS traded around $99.5 before …

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