Castaway Podcast Episode 30

FIS Castaway Podcast – Episode 30   British special forces got involved in the freight market this week, and there’s plenty other intelligence to share on this week’s podcast with Tom, Kerry and Chris.     Website https://freightinvestorservices.com/blog/fis-castaway-eps-30-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/67OdEwmTBiPrYHGE5AK2rK?si=jdMgyYmZQvWeHN8xH1iovA   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=84452f7a-f512-0998-3c7d-5ccf02ea70b5     Disclaimer: freightinvestorservices.com/castaway-disclaimer/

DCE inches up on better steel margins

Iron ore futures maintained its upward climb after recent rally, driven by better steel margins from anticipated stricter environmental curbs. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange booked a small gain of 0.71% day-on-day to RMB 779.50/mt on Thursday. Similarly, the steel rebar contract on the Shanghai Futures Exchange …

Iron Ore DCE January Daily Technical Review Oct 29th

Verdict – Short-term neutral. DCE iron ore corrected slightly and however maintain in a consolidation area as yesterday expected. From hourly chart, slow stochastic and CCI both corrected from the high, indicating the last push was exhausted. In short run, a breakthrough on 788.5 area would bring back a new round of rebound. In mid-run, …

Daily Ferrous Physical Review Oct 29th

Ferrous Market –    Ganggu construction steel mills production 5.2976 million tonnes, down 22,000 tonnes w-o-w(last down 98,800 tonnes). Mills inventory 4.13 million tonnes, down 211,500 tonnes w-o-w(last down 215,800 tonnes). Circulation 9.36 million tonnes, down 703,300 tonnes w-o-w(last week down 552,800 tonnes). –    MySteel Rebar Inventory: Rebar production 3.63 million tonnes, up 1.29% w-o-w. Mills …

DCE rallies on optimism and better buying interests

Iron ore futures continued the bullish run amid better buying activities and market optimism over China’s economic plan to chart future growth. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange surged by 2.41% day-on-day to RMB 785 on Wedensday. The steel rebar contract on the Shanghai Futures Exchange also rallied …

Iron Ore DCE January Daily Technical Review Oct 28th

Verdict – Short-term neutral. DCE iron ore closed with a second day white candle, indicated iron ore in short-run ended correction. A breakthrough on 805.5 would bring iron ore into a mid-run consolidation. A rejection on 805.5 would still put iron ore into a neutral to bearish market. From hourly chart, slow stochastic KD created …

Daily Ferrous Physical Review Oct 28th

Ferrous Market –    MySteel Australia and Brazil iron ore total delivery(Oct 19 – 25th) at 24.58 million tonnes, down 339,000 tonnes. Australia iron ore delivery 17.21 million tonnes, down 3.05 million tonnes w-o-w. Australia delivery to China 13.81 million tonnes, down 2.54 million tonnes w-o-w. Brazil iron ore delivery 7.36 million tonnes, down 337,000 tonnes …

London Iron Ore Derivatives Report 27/10/2020

Click below link to view the London Iron Ore Report   https://fisapp.com/wp-content/uploads/2020/10/FIS-Iron-Ore-London-Report-27102020.pdf       For more information please contact FIS Iron Ore Desk ferrous@freightinvestor.com London Number +44 (0) 207 090 1120 Singapore: +65 6535 5189 Shanghai: +86 21 6335 4002

Singapore Iron Ore Derivatives Report 27/10/20

Iron Ore Market Update Market Commentary Iron ore recovered some of the lost ground on Tuesday as investors awaited the outcome of China’s Communist Party plenum. China’s Communist Party plenum will convene this week as party officials will meet and lay out the blueprint for economic and social development targets for 2021-25. Meanwhile, data from …