Category archives: Ferrous

FIS Singapore Iron Ore Derivatives Report 01/09/21

Iron Ore Market Update Click below link to open today’s Singapore Iron Ore Report https://fisapp.com/wp-content/uploads/2021/09/Iron-Ore-Report-01092021-Eng-Chn.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

Daily DCE Review 1/9/21

Iron ore futures fell further after poor China economic indicators, while market concerns on the ever-expanding steel output cuts that limited demand for the upcoming construction peak season. The futures of Dalian Commodity Exchange (DCE) for September delivery then dropped by 7.78% day-on-day or down RMB 64.50 to RMB 765/mt, during the day trading session …

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Iron Ore DCE Jan Daily Technical Review 1/9/21

Verdict – Short-term neutral to bearish. DCE iron ore January contract corrected massively by 7.78%. The last five trading hours with very small volume indicated current market entered a correction trend. However hourly technical were indicating and exhaustion of the correction. Hourly CCI potentially leave bearish area. Hourly slow stochastic KD potentially create gold cross …

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Daily Virtual Steel Mill Report 1/9/21

Market Verdict on Iron Ore： ·         Neutral to bearish, however limited room downside. Macro ·         China August Manufacturing PMI 50.1, est. 50.2, last 50.4. Analysts believed that as the decrease of pandemic cases, and the “busy September” in manufacturing market, PMI potentially recover. ·         European central bank decided to end pandemic bond purchase from next …

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FIS Singapore Iron Ore Derivatives Report 31/08/21

Physical Trades Platform GO traded 80,000 mt Newman lump at Platts 62% Oct index +$0.1000/dmtu for Oct 1-10 loading.   Click below link to open today’s Singapore Iron Ore Report https://fisapp.com/wp-content/uploads/2021/08/Iron-Ore-Report-31082021-Eng-Chn.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 …

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