Category archives: Ferrous

DCE’s bullish run calls for a break

Iron ore futures took a breather after the recent bullish run, which led the trading session to open high only to drop later at the close. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange booked a slight gain of 0.77% or RMB 7 day-on-day to RMB 912/mt on Tuesday. …

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Oil and Ore Intraday Morning Technical 4/12/20

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DCE still gunning for the RMB 1,000/mt mark

Iron ore futures started the week on bullish note and seemed to break the RMB 1,000/mt mark by the end of week on this market momentum. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose further by 1.57% or RMB 15 day-on-day to RMB 967.50/mt on Monday. Then, the …

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