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Panamax Q2 21 21 Morning Technical Comment – 240 Min 14/1/21

14 January 2021
Freight, News, Technical Reports
FIS Morning Technical Panamax 14-01-21
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Newer Post Iron Ore Offshore Feb 21 Morning Technical Comment – 240 Min Chart 14/1/21 Older Post Supramax Feb 21 Morning Technical Comment – 240 Min 14/1/21

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#Steel margins following pattern of recent weeks with them now moving into negative territory to CNY -36. Mills can and do operate at negative levels for a time. Worth noting that the last time steel margins were at these levels DCE #Ironore was CNY 487 lower. #markets #facts

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