Category archives: Coking Coal

A Room with a Technical View 15/08/22

Capesize September Futures – We remain in a bearish trending environment, with the futures below all key moving averages supported by the RSI below 50. The futures have traded below the USD 10,950 low, creating a positive divergence on the intraday RSI, not a buy signal. It does warn that we have the potential to …

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Indian Steel Minister Stresses Raw Materials Security 25/08/22

India’s steel minister has underlined the need for raw materials security and decarbonisation measures but is yet to announce any changes to taxes on iron ore and steel exports. “It is about time we commit ourselves to reduce our carbon emissions by a minimum of 30-40pc… the strategy should be based on carbon minimisation, carbon …

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Freight and Commodity Podcast 24/08/22

On this week’s podcast we take a deep dive into the current scenario in freight and commodity markets as the war in Ukraine rages on, and we are joined by special guests from Lloyds List’s Bridget Diakun and Dave Osler.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/0Q2zDxlrEsOuPccaqOZHCD?si=gapCgnpWRF6EFFlIa_IeSw   …

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A Room with a Technical View 15/08/22

Capesize September Futures – As highlighted last week, the futures remained technically bearish with the divergence failing, warning we had the potential to test the USD 11,625-USD 11,415 support zone if the intraday divergence failed. The price traded to a low of USD 10,950 before moving USD 1,000 higher. The futures remain technically bearish and …

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