FIS API Blog
Verdict – Short-term neutral to bearish. DCE iron ore September is expected to roll to January contract as major contract next Monday. The U.S. China tension once again linked commodities sector and equity very closely. Iron ore in general in a sentiment to test low. DCE iron ore evaporated 35,000 lots of positions which were …
Continue reading “Iron Ore DCE September Daily Technical Review Aug 7th”
Ferrous Market – Mysteel 45 major ports iron ores inventory 113.46 million tonnes, down 569,600 tonnes w-o-w. Daily evacuation 3.16 million tonnes, up 50,000 tonnes w-o-w. Austrilian iron ores inventory 61.24 million tonnes, down 1.3979 million tonnes w-o-w. Brazil iron ores inventory 26.53 million tonnes, up 810,900 tonnes w-o-w. 168 ships at ports up 9 …
Good morning all. Brent crude fell 6 cents, or 0.1%, to $45.03 at 2:46 am GMT, while WTI crude futures slipped 2 cents to $41.93 a barrel. The resurgence of coronavirus infections remains the main uncertainty in the oil market, as that will determine how fast fuel demand rebounds. Tallies show infections in the United States are …
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Click below link for Capesize & Panamax FFA Report For more information on Dry Freight FFAs please contact: info@freightinvestor.com London +44 (0) 20 7090 1120 Singapore: +65 6535 5189 Shanghai: +86 21 6335 4002 Dubai + 971 4 449 3900
Click below link to open today’s London Iron Ore Report Get detailed information and discuss Iron Ore derivatives, please contact us on: Email: ferrous@freightinvestor.com London Number +44 (0) 207 090 1120 Singapore Number +65 (0) 6535 5189 Shanghai Number +86 (0) 216335 4002
*OPEC Middle East Production Nudging Up Production from the Middle East moved up in July after Saudi Arabia, Kuwait and UAE reversed the voluntary production cuts above and beyond the official cut agreement. The largest increases came from Kuwait and UAE, followed by the Saudis. According to Bloomberg the four nations boosted crude and condensate …
