Australia’s Port Hedland July Iron Ore Exports Rise 5.9% On Year 17/08/22

Australia’s largest iron ore loading port, the port of Port Hedland, exported 46.9 million mt of iron ore in July, up 5.9% on the year, according to the latest data released by the Pilbara Ports Authority Aug. 16. However, the PPA data showed that the exports were down 5.7% from June, which had seen the …

Iron Ore DCE January Daily Technical Review 16/08/22

Verdict – Short-term neutral.   DCE iron ore January successfully broke the neckline level at 713.5 recovered most of loss from last trading day. Thus, iron ore return to neutral level. Hourly slow stochastic KD created a gold cross. Hourly MACD potentially create gold cross. Technical signals were indicating a neutral sentiment.   The first …