Tag archives: IO

Iron Ore DCE September Daily Technical Review 31/3/22

Verdict – Short-term neutral. DCE iron ore Sep22 contract traded in narrow range. Iron ore as expected exhausted at current level. The consecutive decreasing volume during past four days indicating the chasing high investors potentially started to enter watch and see mode. Open position decreased from yesterday. Hourly MACD created dead cross. Hourly slow stochastic …

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Daily Virtual Steel Mill Report 31/3/22

Market Verdict on Iron Ore： • Neutral.   Macro • Russia potentially stop providing natural gas after Europe rejected to settled the deal with rubles. Thus Germany potentially activate contingency plan to control gas usage in the next few months. U.S. crude oil inventories decrease as a tight supply as well as traders were worrying …

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Freight and Commodity Podcast 30/03/22

This week we have a quick update on our main markets followed by a special focus on the pulp and paper market with Hannu Hara from Norexeco and FIS’ Duncan Murray.     Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/7pLL5PdvEzVYB7DYn7w27r?si=c3ji76ffRzKDXUnenfHPsg   iTunes – https://podcasts.apple.com/gb/podcast/episode-93-30-03-22-pulp-and-paper-special/id1507094242?i=1000555699772     For more information please contact   News@freightinvestor.com London …

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Iron Ore DCE September Daily Technical Review 30/3/22

Verdict – Short-term neutral to bullish. DCE iron ore Sep22 contract opened low yesterday and created big rebound all through the day. Sep22 contract had refreshed new high since listed. Hourly MACD created gold cross. Hourly CCI was stable beyond bullish territory. Hourly slow stochastic KD approached overbought area after creating gold cross this morning. …

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