Category archives: Products

Iron Ore DCE Jan Daily Technical Review 20/10/21

Verdict – Short-term neutral. DCE iron ore January contract tested high at 733.5 again and rejected. Iron ore overall became slight higher than previous trading day. Hourly MACD and slow stochastic both flattened. Hourly CCI entered bullish territory. Technical signals were indicating the price movement were slow and stable currently. The first support is 698.0, …

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Daily Virtual Steel Mill Report 20/10/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         China central bank PBOC held a housing and financial market conference to guide major banks managing the housing related finance and maintain a stable and healthy housing market. Evergrande default risk and spillover was in general controllable. ·         China National Bureau of Statistics: Q3 GDP up …

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ENGINE: Americas Bunker Fuel Market Update 19/10/21

Bunker fuel prices have mostly come down with Brent across the Americas, and availability remains tight in Panamanian and several South American ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($28/mt) and Houston ($3/mt), and down in New York ($7/mt), Zona Comun ($6/mt) and Balboa …

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