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  • FIS Daily Fertilizer Report

    – NOLA UREA. Ideas remain flat to firm for nearby months with June and July trading and settling up a $1. Traders beginning to show greater appetite to take on paper length as demand in physical market begins to pick up, and as AG paper prices increase. Meantime Q3 sellers maintaining firmer beliefs and holding…

  • FIS Daily Ferrous Update: Saint Monday

    DCE had a pullback from the highs seen in last week to settle around RMB 768.50 a tonne on Monday, down RMB 19.50 or 2.47% on-day.

  • Dry bulk FFA market: Low activity from European holidays

    Capesize market was hit by lower shipping activities due to European holidays and fewer iron ore cargoes coming out of western Australia.

  • FIS Daily Fertilizer Report

    – NOLA UREA. Some increased activity today, and continued support in the Q3 timeframe. The strip traded here twice at $257, with buying interest at $255 on the follow, and offered at $265. The individual months had support at similar ranges as well. Reports of physical getting done this week for July at $246 –…

  • FIS Daily Ferrous Update

    Another rocking day for iron ore, initially rather choppy but a strong close on the DCE saw swaps rally to a July higher of 106.80, with Q3 trading up to 103.40. Spreads widened aggressive again, Q3/Q1 traded 11.55 during the Asian morning, with Q3/Q4 trading 6.00, with the later last trading 7.50 and left 7.75…

  • FIS Technical – Brent August Futures

    Brent futures have seen a strong upside move today on the back of the attacks on two tankers in the Gulf of Oman. To view the full report please click on the link     

  • FIS Technical – Iron Ore Sep 19

    Price action remains bullish on the DCE futures above the 8 and 21 period EMA’s with open interest rising. All of which would point to upside continuation. To view the full report please click on the link   

  • FIS Daily Ferrous Report: Short Market Squeeze

    DCE closed the day at RMB 781.50 a tonne, up RMB 11.50 on-day, thanks to a last 10-minute market short squeeze.

  • FIS Technical – Capesize

    Technically the Capesize index remains bullish with the downside move considered as counter trend at this point. Price action below USD 12,827 would be considered as deep and neutralise the current bull trend and below USD 11,705 the index will have made a fresh market low. Downside moves that hold above USD 12,827 would be…

  • FIS Technical – Supramax

    The Supramax Index is considered as technically corrective below USD 8,764 as this the most recent market high. The RSI remains in bearish territory at 35 but is showing a bullish hidden divergence, suggesting we have the potential to see a momentum slowdown soon. To view the full report please click on the link