Market Verdict on Iron Ore： · Iron ore short-run neutral. Macro · From January to July, China issued 3997.9 billion yuan of local government bonds, a year-on-year increase of 6.37%. In July, the country issued 656.8 billion yuan of local government bonds. About 50% of the new special bonds issued by local governments from January …
Category archives: Products
Morning Fuel Oil 25/08/21
Morning Oil Report Brent crude futures dropped 25 cents, or 0.4%, to $70.80 a barrel by 0525 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 28 cents, or 0.4%, to $67.26. Both benchmark contracts rose by about 8% over the previous two days, erasing most of the slump from a seven-day …
Fertilizer Market Report 24/08/21
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Tanker Morning Report 25/08/21
News Headlines: Oil retreats after two-day rally on supply issues (Reuters) Oil prices fell on Wednesday, taking a breather after a strong rally this week spurred by the loss of a quarter of Mexico’s production and signs that China, the world’s biggest importer, has curbed a recent coronavirus outbreak. ANZ commodity …
Capesize & Panamax FFA Daily Report 24/08/21
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Supramax & Handysize FFA Daily Report 24/08/21
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London Coking Coal Market Report 24/08/21
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Fuel Oil Daily Evening Report 24/08/21
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London Iron Ore Market Report 24/08/21
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Singapore Iron Ore Derivatives 24/08/21
Iron Ore Market Update Market Commentary Iron ore rebounded to near $150 as market sentiment has improved ahead of the peak seasonality. Rebar production in China rose by 1.1% during the 12-18 August period to 3.25 million metric tonnes, data by Mysteel showed. The increase in rebar production was due to preparation for …