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Iron Ore DCE January24 Daily Technical Review 07/09/23

Verdict- Neutral. DCE Jan24 contract tested low hit at 831.0. A breakdown on 831.0 in next session would indicate a reversal from bullish to bearish in mid-run. Otherwise, standing on this level would maintain iron ore at neutral area. Hourly CCI entered bearish area. Hourly MACD widened in bearish territory. First support 831.0. First resistance …

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Daily Virtual Steel Mill Report 07/09/23

Verdict: • Short-run Neutral. Macro: • China engaged to initiate discussion with ASEAN countries in fields of NEVs and photovoltaics areas. • The US Beige book indicated that the economy and job growth rates potentially slow down in July and August. Many enterprises expected a slow down on salaries growth. Iron Ore Key …

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London Iron Ore Derivatives Report 06/09/23

European Close 06/09/23

Singapore Iron Ore Derivatives Report 06/09/23

Iron Ore Offshore Oct 23 Morning Technical Comment – 240 Min Chart 06/09/23

Iron Ore DCE January24 Daily Technical Review 06/09/23

Verdict- Neutral. DCE Jan24 contract consolidated during the day as expected. The price level expected to maintain neutral unless breaking through the range 836.5- 865.5. Hourly MACD weakened in bearish territory. Hourly slow stochastic KD maintained at neutral level. Hourly CCI approached the boundary of oversold area. First support 836.5. First resistance 865.5.

Daily Virtual Steel Mill Report 06/09/23

Verdict: • Short-run Neutral. Macro: • Saudi Arab and Russia extend the crude oil production curb. Saudi Arab would decrease 1 million barrels/day in the coming three months. Russia would decrease 300,000 barrels/day till the end of 2023. • The US federal governor Christopher Waller saild the policymakers can afford to skip interest hike. …

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London Iron Ore Market Report 05/09/23

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″][pdf-embedder url=”https://fisapp.com/wp-content/uploads/2023/07/Americas-Bunker-Fuel-Market-Update-13-07-23-003-1.pdf” title=”Americas Bunker Fuel …

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Iron Ore Market Daily Report 05/09/23

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