Tag archives: IO

Iron Ore DCE Jan Daily Technical Review 15/9/21

Verdict – Short-term neutral to bearish. DCE iron ore January contract refreshed a listed low during the day. The mid-run bearish has yet changed. Rebound previously created entrance opportunities for new short investors. Both highs and lows were decreasing fast. Reversal was difficult unless a quick push back with significantly increased volume. The first support …

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Daily Virtual Steel Mill Report 15/9/21

Market Verdict on Iron Ore： ·         Neutral to bearish. Macro ·         The United States recorded an annual rate of 5.3% without quarterly adjustment of CPI in August, in line with expectations. In August, the monthly rate of core CPI recorded 0.1%, the lowest since February this year. Analysts believed that this indicated inflation has peaked, …

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FIS Singapore Iron Ore Derivatives Report 14/09/21

Market Commentary Iron ore declined for a fifth day to $120 as production curbs in China continue to weigh on demand. Power rationing is limiting mill operations and China has brought forward its target for steels cuts. According to Bloomberg Intelligence, production between August and December is estimated to fall by 10% from a year …

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Daily DCE Review 14/9/21

Iron ore futures dipped in the choppy session, following the recent downward momentum on bearish market outlook. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 1.46% day-on-day or down RMB 10.50 to RMB 711/mt, during the day trading session on Tuesday. The rebar future plunged sharply at the afternoon session …

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FIS Singapore Iron Ore Derivatives Report 13/09/21

Iron Ore Market Update Click below link to open today’s Singapore Iron Ore Report https://fisapp.com/wp-content/uploads/2021/09/Iron-Ore-Report-13092021-Eng-Chn.pdf   For more information please contact FIS Iron Ore Desk ferrous@freightinvestor.com London Number +44 (0) 207 090 1120 Singapore: +65 6535 5189 Shanghai: +86 21 6335 4002