FIS API Blog
A total of 2.302 million mt of iron ores was traded for the week ended Sep 18, up 13.40% as compared to the 2.03 million mt recorded last week. Pilbara Blend fines (PBF) had once again accounted almost half of the transacted trades for this week at 49% of the market share, which was similar …
Continue reading “A constant reliance on medium grade fines”
Iron ore futures rebounded and closed on high due to restocking demand ahead of China’s week-long National Day holidays in early October. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange hiked up by 1.58% day-on-day to RMB 803 per tonne on Friday. The steel rebar contract on the Shanghai Futures …
Continue reading “DCE bounces on high restocking demand and good Q4 outlook”
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Iron ore futures continued the downward trend on lower than expected steel demand and falling steel prices. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange dropped further by 2.71% day-on-day to RMB 790 per tonne on Thursday. The steel rebar contract on the Shanghai Futures Exchange however stayed more flattish …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Verdict – Short-term bearish. DCE iron corrected in narrower range during the day, intra-day low was supported by 783.5, 60 day moving average. Breaking down 777.5- 783.5 area would suggest iron ore entering a long-run bearish market. Otherwise iron ore follow a cyclely correction in weekly level. Iron ore did not test high at all …
Continue reading “Iron Ore DCE January Daily Technical Review Sep 17th”
