Category archives: Uncategorized

Daily DCE Review 11/10/21

Iron ore futures rallied on increased steel production and restocking activities, amid market concerns over power crunch in China. The futures of Dalian Commodity Exchange (DCE) for January delivery then went up by 6.48% day-on-day or up RMB 48.50 to RMB 797.50/mt, during the day trading session on Monday. The rebar futures also inched up …

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Iron Ore DCE Jan Daily Technical Review 11/10/21

Verdict – Short-term bullish. DCE iron ore January contract maintained bullish during the day. Daily 5 day moving average, 10 day moving average and 20 day moving average have created two sets of gold cross, which reversed the previous bearish market to a rebound market. Hourly slow stochastic KD entered bullish territory. Hourly CCI entered …

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Supramax Nov 21 Morning Technical Comment – 240 Min 08/10/21

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