IO Weekly Technicals Review [2024/48]: Bullish Trend to PersistSGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures (“SGX IO Futures”) rose last week, closing USD 4.17/ton higher by 29/Nov (Fri).
SGX IO Futures opened at USD 99.85/ton on 25/Nov (Mon) and closed at USD 104.02/ton on 29/Nov (Fri).
Prices briefly touched a weekly high of USD 104.85/ton o