Oil and Ore Intraday Morning Technical 23/11/21

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Daily DCE Review 23/11/21

Iron ore futures increased on easing of steel output curbs, and higher steel prices that improved mills’ margins. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 7.81% day-on-day or up RMB 42.50 to RMB 587/mt, during the day trading session on Tuesday. The rebar futures however, inched down by 0.09% …

Oil and Products Morning Report 23/11/21

At 10:12 am Singapore time (0212 GMT), the ICE January Brent futures contract was down 15 cents/b (0.19%) from the previous close at $79.55/b, while the NYMEX January light sweet crude contract fell 31 cents/b (0.40%) to $76.44/b.   The decline on Nov. 23 comes after oil prices bounced off 7-week lows in the overnight …