Category archives: Ferrous

Freight and Commodity Podcast 04/05/22

Freight and Commodity Podcast 04/05/22   Shipping emissions, volatile oil, resurgent Tanker FFAs, and a quieter Dry FFA market all feature in this week’s podcast episode. Click Below to Listen:   Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/6dtJLmFR4AVTyVj3MgMJIL?si=GjIJEOARSVKHuYYkzEnifg   iTunes – https://podcasts.apple.com/gb/podcast/episode-96-04-05-22/id1507094242?i=1000559573402     For more information please contact News@freightinvestor.com London +44 (0) 20 7090 1120  

Iron Ore DCE September Daily Technical Review 29/4/22

Verdict – Short-term neutral. DCE iron ore September contract created a four-day consecutive increase, however the trading volume and open interest decreased significantly. Traders were cautious before the China and Singapore Labour Day. Hourly slow stochastic KD maintained a healthy growth in overbought area. Hourly CCI hold on bullish territory. An effective breakthrough on the …

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Daily Virtual Steel Mill Report 29/4/22

Market Verdict on Iron Ore： • Neutral.   Macro • Chinese offshore yuan CNH depreciated 700 basis points at 6.66, dragged by the weakening of Japanese yen. • U.S. GDP Q1 growth rate -1.4%, created the first negative number since the Q2 2020, est.+ 1.1%, last +6.9%.   Iron Ore Key Indicators: • Platts62 $142.00, …

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Daily DCE Review 29/04/22

Iron ore futures extended gains on the trading session, though restocking activities came to an end ahead of the long holidays in early May. The futures of Dalian Commodity Exchange (DCE) rose by 4.19% day-on-day or up RMB 35 to RMB 869.50/mt, during the day trading session on Friday. The rebar futures also hiked by …

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