Tag archives: IO

Daily Virtual Steel Mill Report 1/7/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         National Bureau of Statistics: in June, the commodity price index fell from a high level. Recently, a series of policies of “increase supply and stabilizing price” have been effective, and the rapid rise of manufacturing prices has been controlled. The ex-factory commodity price …

Continue reading “Daily Virtual Steel Mill Report 1/7/21”

FIS Castaway Podcast – Episode 61 30/06/21

    FIS Castaway Podcast – Episode 61 – Emissions Special   Emissions contracts, what are they good for? Absolutely everything. Alongside our usual market updates we delve into the world of carbon emissions with Alex Moore.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-61-emissions-special/   Spotify https://open.spotify.com/episode/7DgpPwGCmyxL4Vmh2j2u56?si=oOFD_MCfTUWc0HBKvHc24Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-61-emissions-special/id1507094242?i=1000527347421       Disclaimer: This podcast is a …

Continue reading “FIS Castaway Podcast – Episode 61 30/06/21”

Daily DCE Review 30/6/21

Iron ore futures fell for the second consecutive trading day, as steel demand slowed for the upcoming political party celebration and poor economic indicators. The futures of Dalian Commodity Exchange (DCE) for September delivery then dropped down by 0.72% day-on-day or RMB 8.50 to RMB 1,165/mt at the close of day trading session on Wednesday. …

Continue reading “Daily DCE Review 30/6/21”

Iron Ore DCE Sep Daily Technical Review 30/6/21

Verdict – Short-term neutral. DCE iron ore September contract consolidated during the current two days. Currently box range from 1135.0- 1171.0. Hourly MACD potentially create gold cross. Hourly KD created gold cross above oversold area. CCI created bullish divergence with price. Technical signals were indicating a potential test high in the next session. The first …

Continue reading “Iron Ore DCE Sep Daily Technical Review 30/6/21”

Daily Virtual Steel Mill Report 30/6/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral to bearish. Macro ·         World Bank increased the China economy growth rate from 8.1% to 8.5%. China was the major economic entity after the pandemic recovery, where industry and consumption activities had recovered to pre-pandemic level. Moody expected China GDP in the year 2021 reached …

Continue reading “Daily Virtual Steel Mill Report 30/6/21”