Category archives: Ferrous

FIS Singapore Iron Ore Derivatives Report 02/09/21

Iron Ore Market Update Market Commentary   Iron ore futures extended its slide below $140 as Beijing rolled out its production cuts plan further. Some steel mills in Guangxi and Sichuan province are ordered to stop operations by environmental inspections authority, according to Mysteel reports Guangxi as another major steel making region has ordered its …

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Daily DCE Review 2/9/21

Iron ore futures inched down slightly on Thursday, after a sharp fall yesterday, as market braced for more steel output cuts during the peak steel demand season. The futures of Dalian Commodity Exchange (DCE) then inched down by 0.58% day-on-day or RMB 4.50 to RMB 773.50/mt during the day trading session on Thursday. The rebar …

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Iron Ore DCE Jan Daily Technical Review 2/9/21

Verdict – Short-term neutral. DCE iron ore January contract tested high and correct, as predicted yesterday as an oversold rebound. The hourly MACD potentially create gold cross in bearish area. However slow stochastic KD and CCI from hourly level were flattened. Short-run consolidating in the range box of 757.5- 789.5. The first support is 757.5, …

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Daily Virtual Steel Mill Report 2/9/21

Market Verdict on Iron Ore： ·          Neutral. Macro ·         U.S. ISM announced last month U.S. PMI reached 59.9. However the price indicator of Manufacturing industry dropped from 85.7 to 79.4 from July to August, created the eight month low, which potentially symbolized that inflation reached a roof area. ·         Germany central bank indicated that European …

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FIS Castaway Podcast – Episode 70 – 01/09/21

      FIS Castaway Podcast – Episode 70   Get in your gamble straddles and ride out Q4 in comfort? Hear about that suggestion and what’s been driving the freight and commodity markets in this week’s podcast.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-70/   Spotify – https://open.spotify.com/episode/6blIv7KxtIp2MQyMDygH1L?si=tucsNWN3S1GSvlDcXu8r-w&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-70/id1507094242?i=1000533971959       …

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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