Metals, Ores, and Mining Firms, Mint Finance

Pranay Yadav

Metals, Ores, and Mining Firms

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

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Commodities

<ul>
<li>SGX IO Futures fell for the second consecutive week, closing USD 4.15/ton lower at USD 101.70/ton on 18/Oct, with a trading range of USD 9.75/ton.</li>
<li>Short-Term moving averages signaled a bearish reversal, with a downward 9-day moving average and failure to break above key pivot points.</li>
<li>Heavy selling pressure and expanded China stimulus measures disappointed market expectations, signaling continued bearish trends with a potential test of USD 97.5/ton support.</li>
</ul>


SGX IO Futures fell for the second consecutive week, closing USD 4.15/ton lower at USD 101.70/ton on 18/Oct, with a trading range of USD 9.75/ton.
Short-Term moving averages signaled a bearish reversal, with a downward 9-day moving average and failure to break above key pivot points.
Heavy selling pressure and expanded China stimulus measures disappointed market expectations, signaling continued bearish trends with a potential test of USD 97.5/ton support.


[IO Technicals Weekly 2024/42] Iron Ore Price Reversal Continues

<ul>
<li>SGX IO Futures declined by $1.94/ton over the week, closing at $106.21/ton on October 11th, with prices ranging between $103.05 and $115/ton.</li>
<li>DCE premium over SGX surged to 10% on 8/Oct as DCE reopened after Golden Week, but the spread narrowed to 4.8% by 11/Oct. SGX underperformed DCE early in the week.</li>
<li>Weekly options volume surged 188%, dominated by puts with a 1.04 put/call ratio, concentrated on November expiries and key strikes at 100 and 105.</li>
</ul>


SGX IO Futures declined by $1.94/ton over the week, closing at $106.21/ton on October 11th, with prices ranging between $103.05 and $115/ton.
DCE premium over SGX surged to 10% on 8/Oct as DCE reopened after Golden Week, but the spread narrowed to 4.8% by 11/Oct. SGX underperformed DCE early in the week.
Weekly options volume surged 188%, dominated by puts with a 1.04 put/call ratio, concentrated on November expiries and key strikes at 100 and 105.


[IO Options Weekly 2024/41] IO IV Surges and Put Activity Rebounds Following Golden Week

<ul>
<li>Iron ore prices dropped below $105/ton on 8 Oct after China's NDRC failed to announce new stimulus measures, tempering bullish sentiment from earlier liquidity injections.</li>
<li>Chinese portside inventories grew by 590k tons, reaching 147.84 million tons by 11 Oct, driven by higher arrivals and slower post-holiday consumption.</li>
<li>While RSI signals bullish momentum, MACD shows a fading rally. Prices approach the critical 200-day moving average at $110/ton, posing a potential resistance point.</li>
</ul>


Iron ore prices dropped below $105/ton on 8 Oct after China's NDRC failed to announce new stimulus measures, tempering bullish sentiment from earlier liquidity injections.
Chinese portside inventories grew by 590k tons, reaching 147.84 million tons by 11 Oct, driven by higher arrivals and slower post-holiday consumption.
While RSI signals bullish momentum, MACD shows a fading rally. Prices approach the critical 200-day moving average at $110/ton, posing a potential resistance point.


[IO Technicals Weekly 2024/41] Iron Ore Prices Drop Amid Disappointing Stimulus Signals

Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

<ul><li>Hugh Mackay provides insights into the future of iron ore, copper, and steel dynamics</li><li>China's recent stimulus announcement and its impact on global commodity markets</li><li>Challenges faced by Chinese authorities in addressing deflation and household sector confidence.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>

Hugh Mackay provides insights into the future of iron ore, copper, and steel dynamicsChina's recent stimulus announcement and its impact on global commodity marketsChallenges faced by Chinese authorities in addressing deflation and household sector confidence.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

What China’s trajectory mean for commodities (Huw McKay)

<ul>
<li>SGX Iron Ore futures surged by $5.64/ton last week, with prices peaking at $113.55/ton on 30 Sept amid China's expanded stimulus measures.</li>
<li>Short-Term moving averages signal a bullish trend, with the 9-day MA crossing the 100-day MA on 4 Oct, indicating further upward momentum.</li>
<li>Overbought conditions, with RSI nearing 70, suggest caution, and a tight stop loss remains advisable as support at $105/ton remains weak.</li>
</ul>


SGX Iron Ore futures surged by $5.64/ton last week, with prices peaking at $113.55/ton on 30 Sept amid China's expanded stimulus measures.
Short-Term moving averages signal a bullish trend, with the 9-day MA crossing the 100-day MA on 4 Oct, indicating further upward momentum.
Overbought conditions, with RSI nearing 70, suggest caution, and a tight stop loss remains advisable as support at $105/ton remains weak.


[IO Technicals Weekly 2024/​40] Expanded China Stimulus Supports Bullish Iron Ore

Australia

Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, deep purple, to rusty red. The iron itself is usually found in the form of magnetite (Fe3O4, 72.4% Fe), hematite (Fe2O3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH).n(H2O)) or siderite (FeCO3, 48.2% Fe).

Price Gauge
52-week Range	0.00 - 0.00
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Iron Ore (IRON ORE COMDTY)

[IO Technicals Weekly 2024/42] Iron Ore Price Reversal Continues

Iron Ore experienced a second consecutive week of decline, with weaker-than-expected Chinese stimulus and bearish technical indicators. heavy...

Mint Finance

[IO Options Weekly 2024/41] IO IV Surges and Put Activity Rebounds Following Golden Week

SGX Iron Ore Futures saw volatility last week with price rejections at pivot points, surging DCE premiums, and increased options activity focused...

Mint Finance

[IO Technicals Weekly 2024/41] Iron Ore Prices Drop Amid Disappointing Stimulus Signals

Iron ore prices are caught between rising inventories and weakening market optimism following a lack of clear stimulus signals from China....

Mint Finance

What China’s trajectory mean for commodities (Huw McKay)

Hugh Mackay discusses the impact of commodities on the economy, particularly in relation to China's recent stimulus package and challenges with...

Money of Mine

[IO Technicals Weekly 2024/40] Expanded China Stimulus Supports Bullish Iron Ore

IO surged $5.64/ton early last week. Expanded China stimulus plan supports bullish momentum in Iron Ore but caution is advised as prices approach...

Mint Finance

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

[IO Technicals Weekly 2024/42] Iron Ore Price Reversal Continues

Iron Ore experienced a second consecutive week of decline, with weaker-than-expected Chinese stimulus and bearish technical indicators. heavy...

Mint Finance

[IO Options Weekly 2024/41] IO IV Surges and Put Activity Rebounds Following Golden Week

SGX Iron Ore Futures saw volatility last week with price rejections at pivot points, surging DCE premiums, and increased options activity focused...

Mint Finance

[IO Technicals Weekly 2024/41] Iron Ore Prices Drop Amid Disappointing Stimulus Signals

Iron ore prices are caught between rising inventories and weakening market optimism following a lack of clear stimulus signals from China....

Mint Finance

What China’s trajectory mean for commodities (Huw McKay)

Hugh Mackay discusses the impact of commodities on the economy, particularly in relation to China's recent stimulus package and challenges with...

Money of Mine

[IO Technicals Weekly 2024/​40] Expanded China Stimulus Supports Bullish Iron Ore

IO surged $5.64/ton early last week. Expanded China stimulus plan supports bullish momentum in Iron Ore but caution is advised as prices approach...

Mint Finance

[IO Technicals Weekly 2024/40] Expanded China Stimulus Supports Bullish Iron Ore