Daily DCE Review 7/9/21

Iron ore futures rallied on Tuesday, after market talks of using less coke in the blast furnace mix which might increase the usage of high grade fines. The futures of Dalian Commodity Exchange (DCE) then jumped by 1.06% day-on-day or RMB 8 to RMB 763/mt, during the day trading session on Tuesday. The rebar futures …

FIS Singapore Iron Ore Derivatives Report 06/09/21

Market Commentary Iron ore plunged to the lowest in seven months on rising supplies while the new round of production curbs have also dampened the outlook for the steelmaking ingredient. Exports from Brazil were at a record for the month of August while shipments from Australia have also increased. Meanwhile, iron ore inventories at ports …

Daily DCE Review 6/9/21

Iron ore futures fell on Monday, over market concerns of tightening steel outputs, despite better steel prices. The futures of Dalian Commodity Exchange (DCE) then slumped down by 6.65% day-on-day or RMB 51.50 to RMB 723/mt, during the morning trading session on Monday. The rebar futures, however went up by 1.71% day-on-day or RMB 92 …