Tag archives: IO

FIS CASTAWAY – EPISODE 38 20/1/21

Castaway is back with our market updates for Freight, Fuel, Iron ore, Fertilizers and tankers, with a special mention for FIS’s first cobalt trade, tune in now! Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-38-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3vI8MRVZhjvRIta6btOKFl?si=a3N6-iVcS4qFKJk8dHFxMQ   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=bcd759c8-c8a1-f59f-16fc-5f7b0df79f5c Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis by Freight Investor (FIS) of …

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Daily DCE Review 20/1/21

Iron ore futures rebounded from losses amid cyclone concerns over possible disruptions to Australian iron ore shipments and productions. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) then rose slightly by 0.24% on-day or RMB 2.50 to RMB 1,059/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange however, …

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Ferrous Daily Physical Review 20/1/21

Ferrous Market –    BHP Pilbara iron ore production 70.4 million tonnes, down 5% from Q3, up 3% y-o-y. Year 2020 iron ore production 288 million tonnes, up 6% y-o-y. Q4 sales 70.77 million tonnes, down 4% from Q3, up 2% y-o-y. Year 2020 sales 290 million tonnes, up 6% y-o-y. BHP fiscal year 2021 iron …

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Iron Ore DCE May Daily Technical Review 20/1/21

Verdict – Short-term neutral. DCE iron ore rebounded slightly from last closing with decreased volume. Iron ore still stuck in a consolidation range from 1035.5- 1084.5 area. Hourly MACD potentially create gold cross. Hourly slow stochastic KD was widening. Technical signals were neutral currently. The first support is 1035.5. The first resistance is 1084.5

Daily DCE Review 19/1/21

Iron ore futures reversed into losses, as market concerns over declining steel margins and the impact of rising coronavirus cases on steel demand and logistics. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) then, fell by 1.41% on-day or RMB 15 to RMB 1,046/mt on Tuesday. The steel rebar contract on …

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