Category archives: Products

Iron Ore Offshore Jan 22 Morning Technical Comment – 240 Min Chart 30/12/21

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

Iron Ore DCE May Daily Technical Review 29/12/21

Verdict – Short-term neutral to bearish. DCE iron ore May22 contract corrected significantly during the day and recovered major loss during the last half hour. The previous support 673.0 became a major resistance, which used to be a neckline of a multiple tops area – a traditional bearish top reversal pattern in long-run. However an …

Continue reading “Iron Ore DCE May Daily Technical Review 29/12/21”

Daily Virtual Steel Mill Report 29/12/21

Market Verdict on Iron Ore： • Neutral to bearish. Macro • China Ministry of Industrial Information Technology vice chairman indicated that they have complied an implementation plan on non-ferrous, construction materials and petrol-chemical industry. At the same time, the new built capacity will be controlled. • China central bank PBOC: China financial system was generally …

Continue reading “Daily Virtual Steel Mill Report 29/12/21”

Morning Oil Report 29/12/21

At 10:12 am Singapore time (0212 GMT), the ICE February Brent futures contract was up 10 cents/b (0.13%) from the previous close at $79.04/b. The NYMEX February light sweet crude contract was down 1 cent/b (0.01%) at $75.97/b, snapping five straight days of gains.   Brent Daily technical 28/12/21  https://fisapp.com/wp-content/uploads/2021/12/FIS-Technical-Oil-Report-28-12-21.pdf   Bullish sentiment in the …

Continue reading “Morning Oil Report 29/12/21”