Category archives: Uncategorized

Iron Ore DCE September Daily Technical Review 23/06/22

Verdict – Short-term neutral.   DCE iron ore September contract terminated previous 12-day loss by 26.32% since June 7th. However it is worth noting that the daily rebound yet to recover the last single day slump yesterday . The recent mid-run resistance at 790.5 yuan, which was the upper bound of previous gap. 728.5 shift …

Continue reading “Iron Ore DCE September Daily Technical Review 23/06/22”

Market Digest 22/06/22

Russia Russia has become the largest oil exporter to China as it discounted crude to Beijing amid sanctions over Ukraine. Their imports rose by 55% from a year earlier to a record level in May, knocking Saudi Arabia from the top spot despite their export volumes going up 9% year-on-year at 7.8 million tonnes. The …

Continue reading “Market Digest 22/06/22”