FIS Castaway Podcast – Episode 43 – John B Special, Available Now! 24/02/21

FIS Castaway Podcast – Episode 43 – John B Special    Record volumes and incredible volatility. Listen to John B, CEO of FIS, on what’s been happening in the dry freight markets and the reasons behind it, on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-43-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/15tTEQcTWTNr5z9gG8xtAW?si=Zhh7NTTdSyeV5PL_4VC8oA   And Itunes https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=e5d1d495-650f-1489-91e8-344b12fb8b75     Disclaimer: This …

Daily DCE Review 24/2/21

Iron ore futures moved flattish in choppy session and spotted a gain after a late rally in the afternoon session. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then rose slightly by 0.44% day-on-day or RMB 5 to RMB 1,129.50/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange …

Iron Ore DCE May Daily Technical Review 24/2/21

Verdict – Short-term neutral. DCE iron ore consolidated in narrow range after a big movement before and after Powell’s speech. Be aware of the lower lows and lower highs created over the three trading days of the week. A breakdown on 1089- 1090 area would potentially initiate a correction and chances to fill the gap …

Ferrous Daily Physical Review 24/2/21

Ferrous Market –    Brazil miner CSN Q4 iron ore production 9.47 million tonnes, down 18% from Q3, down 11.4% y-o-y. Q4 iron ore sales 8.64 million tonnes, down 6% from Q3, down 16.4% y-o-y. –    MySteel estimate year 2021 iron ore delivery increase 96.3 million tonnes, major contributed by Brazil, India, and U.S.. Q1 supply …

Daily DCE Review 23/2/21

Iron ore futures opened high in the morning session, only to fall later at the afternoon session, due to steel output restriction in Tangshan. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then fell by 2.94% day-on-day or RMB 33.50 to RMB 1,107/mt on Tuesday. The steel rebar contract on the …