Iron Ore DCE May Daily Technical Review 28/1/21

Verdict – Short-term bearish.   DCE iron ore corrected and breakdown two support above 1000. A breakdown further on 959.0 level would indicate a mid-run bearish created. The major correction was motivated by new short building positions. Hourly KD created dead cross early in this morning. CCI hourly created the lowest after Dec 29th, 2020. …

Ferts in Focus 27/1/21

*AG Urea’s time in the spotlight* Talk of an Indian urea tender being announced as early as next week, has brought even more of a buzz over already heated urea markets this past week. As a result and true to form, it was AG urea’s turn to surge in values. Physical trading occurred at $332/mt …