Tag archives: IO

Daily DCE Review 17/03/22

Iron ore futures extended bullish run, despite market uncertainty and concerns over slowing Chinese steel output. The futures of Dalian Commodity Exchange (DCE) for May delivery rose by 4.65% day-on-day or up RMB 36 to RMB 810/mt, during the day trading session on Thursday. The rebar futures also increased by 1.74% or up RMB 84 …

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Iron Ore DCE May Daily Technical Review 17/03/22

Verdict – Short-term neutral.   DCE iron ore May22 contract extended growth as expected yesterday. However the close was almost flat to the high open. DCE iron ore apparently entered a small round of consolidation, major trading area concentrated between 795.0 – 810.0 area. Hourly MACD narrowed above 0 axis. Hourly slow stochastic KD potentially …

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Daily Virtual Steel Mill Report 17/3/22

Market Verdict on Iron Ore： • Neutral to bullish. Macro • As expected, the Federal Open Market Committee (FOMC) of the Federal Reserve raised the federal benchmark interest rate range by 25 basis points to 0.25% – 0.50%, the first interest rate increase since December 2018. Fed officials expect interest rates to reach 1.9% by …

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Freight and Commodity Podcast 16/03/22

This week we look at the aftermath of the amazingly volatile week from the last podcast, looking into Containers, Freight, Oil, Carbon and Iron Ore markets, with special guest John B.     Click Below to Listen:   Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/6GEKNz9WJT5rAxrmkg3l4Y?si=sSAIuclyRXS1fAbec3iTtw   iTunes – https://podcasts.apple.com/gb/podcast/epsiode-91-16-03-22/id1507094242?i=1000554200982   For more information please contact   News@freightinvestor.com London +44 (0) …

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