Iron Ore DCE May Daily Technical Review 27/12/21

Verdict – Short-term neutral to bearish. DCE iron ore May22 contract correct massively after creating the high since Oct 14th, indicating a divergence from current area. The upsending trend was almost broken after market went back to 684.0 area, however yet to confirm a breakdown on 672.0 – 676.0 area. Hourly slow stochastic KD created …

ENGINE: Global Bunker Fuel Market Update 24/12/21

Bunker prices are rising on Brent and tightening availability across several global ports as suppliers increasingly look towards delivery dates in early January.   Changes on the day to 08.00 GMT today: · VLSFO prices up in Rotterdam and Houston ($16/mt), Fujairah ($8/mt), Singapore and Gibraltar ($7/mt) · LSMGO prices up in Rotterdam ($38/mt), Singapore …