Tag archives: IO

Daily Virtual Steel Mill Report 3/6/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral to bullish. Macro ·         The State Council held a national conference to deepen the reform of “decentralization, management and improving service” and to stimulate the vitality of market players. Li Keqiang, the China PM, proposed to further empower market players, reduce improper intervention, and oppose …

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FIS Singapore Iron Ore Derivatives Report 02/06/21

Iron Ore Market Update Market Commentary Iron ore futures were largely unchanged on Wednesday as traders looked to policymakers in China for direction. Iron ore eased off to $196 in Asia as China reiterated its commitment to crack down on surging commodities prices. China’s Market Supervision Agency said that it will closely monitor the volatility …

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FIS Castaway Podcast – Episode 57 02/06/21

    FIS Castaway Podcast – Episode 57   All aboard the Commodity Express as we talk about the movers and shakers from the rollercoaster of freight and commodity markets this week.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-57/   Spotify https://open.spotify.com/episode/3Tu7McT76931ui6fgHrGq4?si=2Upof0N_Toq57n5yN69bVA   iTunes https://podcasts.apple.com/gb/podcast/episode-57/id1507094242?i=1000523903988         Disclaimer: This podcast is a marketing communication and is …

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Daily DCE Review 2/6/21

Iron ore futures rose for the third consecutive day since the start of the week, due to market optimism over possible easing of steel output curbs in Tangshan. The futures of Dalian Commodity Exchange (DCE) for September delivery then rose by 2.77% on-day or up RMB 31.50 to RMB 1,168.50/mt on Wednesday. The steel rebar …

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Iron Ore DCE Sep Daily Technical Review 2/6/21

Verdict – Short-term neutral. DCE iron ore September contract tested high and corrected to very close level as yesterday. Hourly MACD narrowed. Hourly slow stochastic KD created dead cross near overbought area in previous hours. CCI retreated from bullish area. Hourly candles flattened. However technical signals were indicating a neutral with potential to test low. …

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Daily Virtual Steel Mill Report 2/6/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         The China Market Supervision Agency said will closely track the volatility of commodity prices, strengthen pre-risk analysis, regularly monitors the trend of iron ore, steel, coal, crude oil and other commodity prices, create weekly analysis reports, and implement effective supervision. ·         China May …

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