FIS API Blog
Physical Trades Platform Corex traded 75,000 mt PBF + 85,000 mt PB lump at Platts Oct Index + $1/ + $1.5/mt for Oct 24 – Nov 2 loading. GO traded 80,000 mt Mac fines Fe 62% at $116.30/mt for Nov 6-15 loading. Corex traded 90,000 mt Yandi fines Fe 56.7% at AM[2021-11-01,2021-11-30],62%,-$21.80/mt for Nov 6-15 …
Continue reading “FIS Singapore Iron Ore Derivatives Report 14/10/21”
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Iron ore futures continued to decline amid bearish market sentiments on power rationing that limited steel output and raw materials demand. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 2.90% day-on-day or down RMB 22 to RMB 736/mt, during the day trading session on Thursday. The rebar futures also dipped …
Verdict – Short-term neutral. DCE iron ore January contract maintained neutral in short-run after a round of rebound from late September. However iron ore potentially keep pushing if a new breakthrough on 748.0-753.5 area. Hourly KD created gold cross above oversold area. Hourly CCI rebounded stably. Technical signals were indicating the correction motivation was limited …
Continue reading “Iron Ore DCE Jan Daily Technical Review 14/10/21”
Market Verdict on Iron Ore： · Neutral. Macro · China September Total Social Financing reached 2.9 trillion yuan, est. 3.05 trillion yuan, last 2.96 trillion yuan. China September M2 Monetary supply up 8.3% y-o-y, est. 8.2%, last 8.2%. · U.S. president Biden announced the biggest ports in U.S., Los Angeles port and Long Island Port …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
FIS Castaway Podcast – Ep. 75 Don’t be a Turkey, get up to speed on what’s been happening in the freight, iron ore and oil markets this week on our podcast. Listen Below Website – https://freightinvestorservices.com/blog/fis-castaway-eps-75/ Spotify – https://open.spotify.com/episode/4ovJonUiVIw6Pb7zdqPxAb?si=CxPt7GMdRCaHg4BcrxR99Q&dl_branch=1 iTunes – https://podcasts.apple.com/gb/podcast/episode-75/id1507094242?i=1000538457061
Iron ore futures continued to slide on downward direction, as trade participants expected further steel output cuts for winter season. The futures of Dalian Commodity Exchange (DCE) for January delivery then dipped by 5.92% day-on-day or down RMB 46 to RMB 731/mt, during the day trading session on Wednesday. The rebar futures also went down …
Verdict – Short-term neutral to bearish. DCE iron ore January contract hourly chart started a new correction phase from July 11th in short-run. The correction potentially continuous and testing low in the coming trading sessions. Hourly MACD widened below 0 axis. Hourly CCI entered a bearish territory. In short-run a breakdown on 720.0 would potentially …
Continue reading “Iron Ore DCE Jan Daily Technical Review 13/10/21”
Market Verdict on Iron Ore： · Neutral. Macro · IMF decreased the global economy growth expectation and sent warning on stagflation. The global economy growth rate in July report decreased from 6% to 5.9% in the year 2021. The growth rate in the year 2022 expected at 4.9%. Iron Ore Key Indicators: · Platts62 $128.50, …
