Category archives: Products
FIS Daily Physical Review Jun 12th
Iron Ore and Steel Market Updates – China 45 ports iron ore inventories at 106.97 million tonnes, down 560,000 tonnes w-o-w. Australia iron ore port inventories 61.29 million tonnes, up 780,000 tonnes w-o-w. Brazil iron ore 20.71 million tonnes, down 1.07 million tonnes w-o-w. – Mysteel researched 247 blast furnace operation rate at 91.67%, up 0.65% …
FIS Technical – DCE Iron Ore Sep 20
FIS Technical – DCE Iron Ore Sep 20 To view the full report please click on the link
FIS Technical – Brent August Daily
FIS Technical – Brent August Daily To view the full report please click on the link
Panamax futures remain buoyant on China soybean purchases
Panamax futures remained buoyant this week as China continued to buy US Soybeans, despite increased political tensions over Hong Kong. The Q4 futures rallied 5.5% on Wednesday as the world’s second largest economy was revealed as purchasing 10 cargoes of soybeans this month from the U.S. alone, according to Bloomberg. China needs beans and remains …
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DCE flattens amid rainy season
Chinese futures remained almost flat on limited market activity as buyers prepared for lower steel demand during rainy season. As such, the most-actively traded iron ore futures on the Dalian Commodity Exchange (DCE), for September delivery, dipped slightly by 0.59% day-on-day to RMB 759 per tonne on Thursday. Similarly, there was not much movement in …
Capesize rates race ahead on robust shipping demand
Capesize rates continued to race upward with better shipping demand in both basins, supported by the recent iron ore rally. The Capesize 5 time charter average surged up by another $1,087 day-on-day to $9,142 on Wednesday, marking a rise throughout the week. Likewise, the Baltic Dry Index (BDI) continued to hike and reached 764 points …
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Supramax July 20 Morning Technical Comment – 240 Min
Capesize July 20 Morning Technical Comment – 240 Min
Oil Through the Looking Glass 11/6/20
Unexpected Build? The EIA confirmed a large build in US crude stocks at 5.7 mil bbls to put stocks at 538.1 million bbls, a historic record excluding US strategic reserves. This was caused largely by the shipments from Saudi Arabia from the price war pumping in March and April. We knew from the effects on …