Category archives: Products

Iron Ore DCE May Daily Technical Review 16/2/22

Verdict – Short-term neutral. DCE iron ore May22 recovered slightly during the day. Hourly MACD potentially create gold cross. Hourly slow stochastic KD created gold cross below 0 axis. Hourly CCI rebounded fast from bearish territory. Iron ore price rebounded on the back of 696.0 twice during the day. However the rebound continuance was uncertain. …

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Daily Capesize Review 15/2/22

Capesize freight rates came under pressure from both basins amid lower iron ore prices and relatively high bunker prices. The Capesize 5 time charter average, then fell by $679 day-on-day to $14,209 on Tuesday, after a jittery session. The Baltic Dry Index (BDI) also fell by $16 day-on-day, or down 0.81% day-on-day, to $1,968, due …

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