IO Weekly Technicals Review [2024/51]: Bearish Trend StrengthensSGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures (“SGX IO Futures”) fell last week, closing USD 3.82/ton lower by 20/Dec (Fri).
SGX IO Futures opened at USD 104.45/ton on 16/Dec (Mon) and closed at USD 100.63/ton on 20/Dec (Fri).
Prices briefly touched a weekly high of USD 105.80/ton o
