Tag archives: IO

Iron Ore Market Daily Report 08/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Daily Virtual Steel Mill Report 08/11/23

Verdict: • Short-run Neutral.   Macro: • China Ministry of Commerce announced revisions to a list of bulk commodities requiring to keep statistical records, which include rare earth and iron ore. However market participants expect no direct impact on the process of imports or quota change. • Australia Central Bank hiked interest rates by 25bps …

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Iron Ore DCE January24 Daily Technical Review 08/11/23

Verdict- Neutral. DCE Jan24 contract consolidated during the day, however the high of day was rejected by the previous periodic high area from 937.0- 938.0. Hourly MACD narrowed in bearish territory. Hourly slow stochastic KD created gold cross. Hourly CCI recovered from bearish territory to neutral area. First support 913.5. First resistance 938.0.  

London Iron Ore Market Report 07/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore Market Daily Report 07/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore DCE January24 Daily Technical Review 07/11/23

Verdict- Neutral to Bearish. DCE Jan24 contract traded in a narrow range during the day. The intraday high reached 932.5, which was below 936.0 -938.0 area as a strong resistance mentioned from last report. Hourly MACD widened in bearish territory. Hourly slow stochastic KD accelerated the correction in neutral area. Hourly CCI fell from neutral …

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Daily Virtual Steel Mill Report 07/11/23

Verdict: • Short-run Neutral.   Macro: • BOE chief economist Huw Pill said UK inflation will soon fall in line with the lower rates as the rest of the world, with less spending on energy sector. • According to data from the China Federation of Logistics and Purchasing, the global PMI index in October was …

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