Category archives: Ferrous

Daily DCE Review 26/11/21

Iron ore futures fell after a series of bullish run, as market sentiment turned bearish due to output restriction measures aimed to improve air quality. The futures of Dalian Commodity Exchange (DCE) for January delivery then plunged by 6.65% day-on-day or down RMB 41 to RMB 575.50/mt, during the day trading session on Friday. The …

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Iron Ore Offshore Dec 21 Morning Technical Comment – 240 Min Chart 25/11/21

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Daily DCE Review 25/11/21

Iron ore futures extended bullish run over higher steel output and prices that drove improvement in steel margins. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 1.83% day-on-day or up RMB 11 to RMB 611.50/mt, during the day trading session on Thursday. The rebar futures also increased by 0.86% day-on-day …

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