Tag archives: CC

Freight and Commodity Podcast 07/09/22

On this week’s episode, we speak with the Head of Business Development, our Fuel Oil Broker and our Technical Analyst to look at what’s happening in the world of Freight, Iron Ore, and Oil.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/2Jgo9jFQq4VEvIGcA5yneJ?si=IJq-p2jTReWguZtNA8n1Rg   Itunes – https://podcasts.apple.com/gb/podcast/episode-105-07-09-22/id1507094242?i=1000578716086  

Daily Virtual Steel Mill Report 07/09/22

Market Verdict on Iron Ore： • Neutral.   Macro • British new PM Elizabeth Truss said that she will prioritise economic growth, tackling energy crisis and improving access to health service. • From January to August, China imported 723 million tons of iron ores, down 3.1% on the year. China imported 61.33 million tons of …

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Daily Virtual Steel Mill Report 06/09/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro • China PBOC decreased foreign reserve ratio from 8% to 6% to neutralise the depreciation risk on Chinese Yuan, which was the second time cut on this ratio within the year. • Chinese financial department statistics indicated that total debt issuance at 352 million …

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A Room with a Technical View 05/09/22

Capesize October Futures – The futures roll has resulted in the technical producing an upside gap due to the carry against the September futures. We have seen a couple of bullish days following the roll, resulting in price trading into the Fibonacci resistance zone; however, the upside move has failed to trade above the USD …

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Daily Virtual Steel Mill Report 05/09/22

Market Verdict on Iron Ore： • Neutral.   Macro • An official from the Ministry of Industry and Information Technology (MIIT) said at the raw material industry high-quality development press conference that the prices of steel, copper, aluminum, cement and other products have declined recently, and that the MIIT will continue to ensure supply and …

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