Category archives: Products

Iron Ore Offshore Feb 22 Morning Technical Comment – 240 Min Chart 24/01/22

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Daily DCE Review 24/1/22

Iron ore futures dipped slightly as market activities slowed down before the upcoming Spring festival holidays, while trade participants were seeking for clearer market directions after the post-holidays period. The futures of Dalian Commodity Exchange (DCE) for January delivery then dropped by 1.66% day-on-day or down RMB 12.50 to RMB 740/mt, during the day trading …

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Daily Capesize Review 21/1/22

Capesize freight rates fell on thin market activities, amid facing fierce competition from Panamax and Supramax cargo stems. The Capesize 5 time charter average, then dropped by $1,157 day-on-day to $7,390 on Friday, due to the scant shipping activities. The Baltic Dry Index (BDI) also dipped by $594, down 4.00% day-on-day, to $1,415, due to …

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