Category archives: Products

FIS Morning Report Tanker FFA 08-07-21

News Headlines: Ship Explosion Rocks Dubai Port (OilPrice) The Dubai government said: “A fire has been reported to have broken out in a container within a ship anchored in Jebel Ali Port. A Dubai Civil Defense team is working to put out the blaze.”     Oil prices extend losses as OPEC+ uncertainty lingers (Reuters) …

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Iron Ore DCE Sep Daily Technical Review 8/7/21

Verdict – Short-term neutral to bearish. DCE iron ore September rejected below previous high at 1252.0 level. From hourly chart, the iron ore was also rejected by 1204.0 level, which was close to a neckline of a double top pattern. The price movement and candle pattern were indicating iron ore price entered a corrective phase. …

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Daily Virtual Steel Mill Report 8/7/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         China Prime Minister held a conference to facilitate RRR cuts focusing on decrease cost for mid-small capital enterprises. The RRR cuts were not related to a general loose on money supply. ·         According to the National Development of Reform Commission’s “14th five year” …

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