Tag archives: IO

Iron Ore DCE September Daily Technical Review 09/06/22

Verdict – Short-term neutral to bearish.   Iron ore rejected by 945- 948.0 area for the fourth day, DCE saw IO interest around two-year high. Maintaining the view from previous reports, it is hard to expect a big breakthrough given a limited amount of new buyers. Hourly MACD narrowed below 0 axis. Hourly CCI corrected …

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Daily Virtual Steel Mill Report 09/06/22

Market Verdict on Iron Ore： • Neutral.     Macro • Shanghai port daily containers throughput reached above 95% to pre-pandemic level. However freight rates increased because of shortages on ships.     Iron Ore Key Indicators: • Platts62 $147.25, +0.50, MTD $143.57. Seaborne PBF gathered interests after import margin improved significantly. Iron ore seaborne …

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Freight and Commodity Podcast 08/06/22

John Banaszkiewicz recalls the highlights from the history of the freight and commodity derivatives markets and we talk about the future in our 100th podcast episode special.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/1n2Re46TpigG7gPdMkTMiN?si=oDnThwIISqqeA4C9fRSrTQ   iTunes – https://podcasts.apple.com/gb/podcast/episode-100-08-06-22/id1507094242?i=1000565642091

Iron Ore DCE September Daily Technical Review 08/06/22

Verdict – Short-term neutral to bearish. As expected from previous two technical reports, DCE iron ore September contract test high and corrected back after rejected by previous high at 948.0. The return to bull needs to see changing hands, because aggregated open interested has reached the two-year high, indicating new long positions need to confirm …

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