FIS API Blog
Verdict – Short-term neutral. DCE iron ore Jan22 consolidated in narrow range for the previous 11 trading days. Hourly MACD potentially create a gold cross below 0 axis. Hourly slow stochastic KD rebounded. The market has significant support arround 530.0 area. Short-run a push with volume potenially trigger a big round of oversold rebound. 5 …
Continue reading “Iron Ore DCE Jan Daily Technical Review 17/11/21”
Market Verdict on Iron Ore： · Neutral. Macro · European statistic bureau: 19 member countries at Euro Zone economy growth rate up 3.75 compared to Q3 of last year, indicated a strong recover after the pandemic. · China and U.S. internet conference revealed a friendly signal of the trades and relations between the two countries …
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Market Commentary Iron ore futures steadied Tuesday as iron ore portside price ticked up with improved trading activities observed in both in seaborne and portside markets. Market sources also reported that China’s steel exports have increased due to weaker domestic demand, with steel mills keen to sell abroad for better margins, as well as filling …
Continue reading “Singapore Iron Ore Derivatives Report 16/11/2021”
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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 US (KS): +1-203-979-7023
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 US (FL): +1 813 490 6630
Iron ore futures suffered a sharp fall just the close at the morning session, then moved flattish at the afternoon session amid thin steel margins and falling steel prices. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 1.10% day-on-day or down RMB 6 to RMB 540/mt, during the day …
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 US (KS): +1-203-979-7023
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 US (KS): +1-203-979-7023
