$TSI Iron Ore CFR China (62% Fe Fines) Index Futures(DEC4) (FEFmain.SG)$ Chinese iron ore futures fell below a key 1,000 yuan per tonne level on Thursday, falling more than 5% to their lowest in more than two months as domestic consumption remains sluggish on steel production controls. The most active iron ore futures on the Dalian Commodity Exchange, for September delivery, plunged as much as 5.6% to 999 yuan ($154.54) per tonne, their lowest since May 27. They were down 4.6% to 1,009 yuan a tonne as of 0322 GMT. ...
TSI Iron Ore CFR China (62% Fe Fines) Index Futures(DEC4) Forum
Rebound
https://youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Omicron variant is going to crush the commodities speculators, removing a major inflation driver. Economists who have been preaching inflation don't know this.
sadly but truly, COVID is good for fintech platform for account opening.
as always, this should not be construed as any investment or trading advice.
$Crude Oil Futures(DEC4) (CLmain.US)$ $Brent Last Day Financial Futures(JAN5) (BZmain.US)$ $Metals X Ltd (MLX.AU)$ $BABA-W (09988.HK)$ $TSI Iron Ore CFR China (62% Fe Fines) Index Futures(DEC4) (FEFmain.SG)$ $Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$
Chinese iron ore futures fell below a key 1,000 yuan per tonne level on Thursday, falling more than 5% to their lowest in more than two months as domestic consumption remains sluggish on steel production controls.
The most active iron ore futures on the Dalian Commodity Exchange, for September delivery, plunged as much as 5.6% to 999 yuan ($154.54) per tonne, their lowest since May 27. They were down 4.6% to 1,009 yuan a tonne as of 0322 GMT.
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