Category archives: Products
DCE ends high on market optimism
Chinese futures rose on the opening day of the week, due to bullish market sentiment and concerns over supply tightness. As such, the most-actively traded iron ore futures on the Dalian Commodity Exchange (DCE), for September delivery, rose by RMB 6.50 or 0.87% day-on-day to RMB 750.50 per tonne on Monday. Similarly, the steel rebar …
Fertilizer Financial Markets Commentary/Curves
Morning Oil Note 6/7/20
Oil futures were mixed on Monday morning, with Brent buoyed by tighter supplies to 18 cents (0.4%) at $42.98 a barrel at 2:52 am GMT, while concerns about rising COVID-19 cases in the US dampened WTI futures by 23 cents (0.6%) to $40.42 from its last settlement on Thursday. Newly reported coronavirus cases and mobility …
Freight Intraday Morning Technical
Iron Ore DCE September Daily Technical Review Jul 6th
Verdict – Short-term neutral. DCE iron ore rebounded aggressively by DCE afternoon session opening, and give back most of gains quickly. The rebound is potentially a test high of market. DCE iron ore in short-run still stuck in consolidation area. A rebound needs a confirm of breakthrough 772.0 area. A correction needs a confirm to …
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FIS Daily Physical Review Jul 6th
Ferrous Market Updates – Steelbank construction steel inventories 7.11 million tonnes, up 1.73% w-o-w. HRC inventories 1.84 million tonnes, up 1.08% w-o-w. – Tangshan announced a new round of environment protection and production curb started from July 5th. However details to be announced. – Some traders indicated currently seaborne iron ore were strong last week …
FIS Technical – DCE Iron Ore Sep 20
FIS Panamax Technical Report
Australian products overshadow Brazilian high-grade ores
A total of 3.05 million mt of iron ore was exchanged hands for the week ended Jul 3, up 26.60% week-on-week from previous week traded volumes. As usual, the Australian Pilbara Blend Fines (PBF) remained the most popular products among buyers, accounting nearly 34% of the trades. The next popular products went to Jimblebar fines …
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