Market Verdict on Iron Ore： · Iron ore short-run bearish. Macro · China top economic planning to rein in abnormal fluctuations in commodities price including iron ore, copper, and corn, which was part of broader five-year plan to overhaul various pricing mechanisms. · On May 25, CNY against the US dollar mid-rate was 6.4283, up …
Tag archives: IO
European Close 25/05/21
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
London Iron Ore Market Report 25/05/21
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
FIS Singapore Iron Ore Derivatives Report 25/05/21
Iron Ore Market Update Market Commentary Iron ore and steel prices saw a major correction last week following the government crackdown. Mills’ profitability fell sharply since reaching multi-year highs just two weeks ago, according to data compiled by Bloomberg Intelligence. According to some trade sources, steel margins for some products have fallen below $200/mt. Meanwhile, …
Continue reading “FIS Singapore Iron Ore Derivatives Report 25/05/21”
Oil and Ore Intraday Morning Technical 25/05/21
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
Daily DCE Review 25/5/21
Iron ore futures dipped at the close, after a volatile session with day peak recorded earlier in the morning session before plunging at the afternoon session. The futures of Dalian Commodity Exchange (DCE) for September delivery then dropped slightly by 0.05% on-day or up RMB 0.50 to RMB 1,058/mt on Tuesday. The steel rebar contract …
FIS Weekly Virtual Steel Margin Report 25/05/21
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
London Iron Ore Market Report 24/05/21
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
Oil and Ore Intraday Morning Technical 24/05/21
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
Daily DCE Review 24/5/21
Iron ore futures got off to a poor start of the week with softening rates due to lower steel prices and reduced margins. The futures of Dalian Commodity Exchange (DCE) for September delivery then fell by 5.21% on-day or up RMB 58.50 to RMB 1,064/mt on Monday. The steel rebar contract on the Shanghai Futures …