IO Weekly Technicals Review [2024/45]: Bearish Trend to PersistSGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures (“SGX IO Futures”) fell last week, closing USD 0.29/ton lower by 08/Nov (Fri). Price fell by 1.67% to USD 100.85/ton on 11/Nov (Mon).
SGX IO Futures opened at USD 102.85/ton on 04/Nov (Mon) and closed at USD 102.56/ton on 08/Nov (Fri).
Pr