Tag archives: IO

FIS Singapore Iron Ore Derivatives Report 20/07/21

Market Commentary Iron ore futures advanced on Tuesday despite of concerns over faltering Chinese demand as the world’s biggest miners signalled a complex supply outlook. Brazil’s Vale, the world’s second largest iron ore producer, churned out 75.7 million metric tonnes in the second quarter, falling short of analyst’s average estimate of 78 million metric tonnes. …

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FIS Singapore Iron Ore Derivatives Report 19/07/21

Market Commentary Iron ore futures were under pressure on Monday as China’s green push casts doubt on China’s steel demand outlook. China’s efforts to curb steel-related emissions through output cuts this year have so far failed to clamp down on surging iron ore prices, but the Chinese authorities aren’t giving up yet, signalling that they …

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Daily DCE Review 19/7/21

Iron ore futures dipped at the start of the week, after a sluggish trading session with flat steel prices movement and expectation of more production curbs. The futures of Dalian Commodity Exchange (DCE) for September delivery then went down by 1.49% day-on-day or RMB 18.50 to RMB 1,225/mt during the day trading session on Monday. …

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