DCE rebounds on lesser mainstream supply

Iron ore futures rebounded on Tuesday, after recent losses as the exchange issued a statement last week urging market participants to trade rationally. The most-traded iron ore for September delivery on China’s Dalian Commodity Exchange gained by 2.33% or RMB 19 day-on-day to RMB 834 per tonne on Tuesday. However, the Shanghai Futures Exchange dropped …

Morning Oil Report 11/8/20

Good morning all. Brent futures rose by 22 cents, or 0.5%, to $45.21 a barrel, as of 4:41 am GMT. WTI futures rose 32 cents, or 0.8%, to $42.26 a barrel.   Despite the number of COVID-19 case counts worldwide topped 20 million, daily confirmed cases globally have been on the decline for three consecutive …

Oil Evening Report 10/8/20

  Click the below link for Evening Fuel Oil Report    https://freightinvestorservices.com/wp-content/uploads/2020/08/100820Fuel-Oil-Swap-Daily-Report.pdf   For more information please contact   FIS Oil Desk   info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568 Singapore: +65 87984987 Luke Longhurst Email: LukeL@freightinvestor.com Mobile: (+44) 7966 968761 Ricky Forman Email: RickyF@freightinvestor.com Mobile: (+44) 7868 708719 …

Iron Ore DCE January Daily Technical Review Aug 10th

Verdict – Short-term neutral. DCE iron ore major changed from September to January over current two trading days. January contract slight up however September contract slight down, indicating current long are betting on far contract value and expect current month value is too high. If iron ore January contract break 828.5, a five-year high, iron …