Category archives: Ferrous

FIS Singapore Iron Ore Derivatives Report 01/07/2021

Market Commentary Iron ore futures extended the gains on Thursday despite rising steel stockpiles and weaker-than-expected factory activity. China’s factory activity expanded at a slower pace in June, as the resurgence of coronavirus cases in the export province of Guangdong and supply chain woes drove output growth to the lowest in 15 months, the Caixin/Markit …

Continue reading “FIS Singapore Iron Ore Derivatives Report 01/07/2021”

Daily DCE Review 1/7/21

Iron ore futures rebounded on Thursday, due to supply tightness and expected reduced steel output for the second half of the year. The futures of Dalian Commodity Exchange (DCE) for September delivery then rose by 1.08% day-on-day or up RMB 12.50 to RMB 1,166/mt at the close of day trading session on Thursday. The rebar …

Continue reading “Daily DCE Review 1/7/21”

Iron Ore DCE Sep Daily Technical Review 1/7/21

Verdict – Short-term neutral. DCE iron ore September contract maintained consolidation within the range of 1135.0 – 1209.0 from June 23rd. From hourly chart, slow stochastic KD created dead cross near overbought area. MACD potentially create dead cross. Technical signals were indicating a potential testing low in the next trading session, however mid-run neutral. The …

Continue reading “Iron Ore DCE Sep Daily Technical Review 1/7/21”

Daily Virtual Steel Mill Report 1/7/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         National Bureau of Statistics: in June, the commodity price index fell from a high level. Recently, a series of policies of “increase supply and stabilizing price” have been effective, and the rapid rise of manufacturing prices has been controlled. The ex-factory commodity price …

Continue reading “Daily Virtual Steel Mill Report 1/7/21”

FIS Castaway Podcast – Episode 61 30/06/21

    FIS Castaway Podcast – Episode 61 – Emissions Special   Emissions contracts, what are they good for? Absolutely everything. Alongside our usual market updates we delve into the world of carbon emissions with Alex Moore.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-61-emissions-special/   Spotify https://open.spotify.com/episode/7DgpPwGCmyxL4Vmh2j2u56?si=oOFD_MCfTUWc0HBKvHc24Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-61-emissions-special/id1507094242?i=1000527347421       Disclaimer: This podcast is a …

Continue reading “FIS Castaway Podcast – Episode 61 30/06/21”