FIS API Blog
Market Commentary Iron ore futures extended its losses on Wednesday following increased shipments from major suppliers, while traders are also sweating over potential government controls. Iron ore shipments from Australia and Brazil stood at 26.14 million tonnes last week, up 4.4% from a week ago, data from Mysteel showed. The increased shipments have eased market …
Continue reading “FIS Singapore Iron Ore Derivatives Report 16/06/2021”
FIS Castaway Podcast – Episode 59 As Capes jump over 50% week on week, we discuss the ‘extra-terrestrial’ trajectory and where it could go, as well as the oil and iron ore markets. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-59/ Spotify https://open.spotify.com/episode/5sy3C4Augg8INXB8KvmnXH?si=JbbHCdEdSWqjuuf9KqNQuQ&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-59/id1507094242?i=1000525720614 Disclaimer: This podcast is a …
Continue reading “FW: FIS Castaway Podcast – Episode 59 16/06/21”
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 reversed into losses due to the easing of the supply tightness, while the market entered lull steel demand season. The futures of Dalian Commodity Exchange (DCE) for September delivery then dipped down by 1.52% on-day or RMB 18.50 to RMB 1,197.50/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange, …
Verdict – Short-term bearish. DCE iron ore September contract started correction after confirmed the periodic high at 1248.0 level. Hourly slow stochastic KD created two dead cross in Jun 15th and gradually went lower, indicating a decreasing trend. Hourly CCI leaked from the two month high to a weekly low level. Hourly MACD widened below …
Continue reading “Iron Ore DCE Sep Daily Technical Review 16/6/21”
Market Verdict on Iron Ore： · Iron ore short-run bearish. Macro · China May electricity consumption maintained a high growth rate by 12.5% y-o-y, up 18.7% m-o-m. Jan-May total electricity consumption accumulated at 3.23 trillion KWH, up 17.7% y-o-y. However China major southern industry city Guangzhou electricity consumption reached 11.2 billion KWH, a historical high …
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
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
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 closed the afternoon session with slight gains against previous losses in the morning session, due to market concerns over slack steel consumption season. The futures of Dalian Commodity Exchange (DCE) for September delivery then inched up slightly by 0.91% on-day or RMB 11 to RMB 1,225/mt on Tuesday. The steel rebar contract …
