Category archives: Products

Iron Ore DCE Jan Daily Technical Review 6/9/21

Verdict – Short-term neutral to bearish. DCE iron ore January contract slumped during the Asian day session. Iron ore re-entered into to falling tunnel. Jan-21 iron ore refreshed the lowest since listed. Daily CCI entered a bearish territory. Daily MACD created dead cross. Iron ore will continue to correct fast unless create a new platform …

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FIS Fuel Oil Morning Report 06/09/21

At 10:49 am Singapore time (0249 GMT), the ICE November Brent futures contract was down 99 cents (1.36%) from the previous close at $71.62/b, while the NYMEX October light sweet crude contract was down 91 cents (1.31%) at $68.38/b.   Both markers fell after US Department of Labor data released late Sept. 3 showed nonfarm …

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Daily Virtual Steel Mill Report 6/9/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         China PM Li Keqiang indicated to explore and develop carbon emission industry and environment protection industry, and control high energy consumption and emission. ·         U.S. new added job roles 235,000, estimated 733,000, last 943,000. The significant low expectation would potentially slow down the exit of T-Bond …

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FIS Morning Report Tanker FFA 06-09-2021

News Headlines: OIL DAYBOOK EUROPE: Saudi Arabia Cuts Prices to Asia; NOC Chair (Bloomberg) Saudi Arabia cut oil prices for sales to Asia next month by more than twice the expected amount in a sign the world’s largest crude exporter wants to entice buyers to take more of its barrels. * OIL FUTURES: Oil Extends …

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