Iron ore futures continued to rally higher after early losses occurred at the start of the week over concerns for stricter output curbs. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then rose for the second consecutive trading day by 2.78% day-on-day or up RMB 28.50 to RMB 1,053/mt on Wednesday. …
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European Close 23/03/21
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London Iron Ore Market Report 23/03/21
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Oil and Ore Intraday Morning Technical 23/03/21
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Daily DCE Review 23/3/21
Iron ore futures closed the session higher with a late rally on Tuesday, after rebounding from the selloff from previous day. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then rose by 2.01% day-on-day or up RMB 20.50 to RMB 1,039.50/mt on Tuesday. The steel rebar contract on the Shanghai Futures …
European Close 22/03/21
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London Iron Ore Market Report 22/03/21
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Oil and Ore Intraday Morning Technical 22/03/21
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Daily DCE Review 22/3/21
Iron ore futures closed lower at the afternoon session, after a sell off session that begun at the start of the trading day. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then fell by 5.90% day-on-day or down RMB 63 to RMB 1,004.50/mt on Monday. The steel rebar contract on the …
European Close 19/03/21
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