Category archives: Coking Coal

BHP Cuts Investment In Australian Coking Coal Business 16/08/22

Australian resources firm BHP has cut all investment in its Queensland coking coal business, in response to the state government’s coal royalty rate increase and China’s continuing ban on imports of Australian coal. “We are not going to deploy any major capital into the Queensland coal business following the change in the Queensland royalties,” BHP …

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A Room with a Technical View 15/08/22

Capesize September Futures – Technically bearish last week but moving higher on a positive divergence. The futures failed to trade above the USD 25,655 resistance resulting in price trading to a low of USD 13,750. The positive divergence on the daily technical has now failed, warning the USD 11,625 support could be tested. Upside moves …

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Freight and Commodity Podcast 10/08/22

We take a look at the future prospects for the dry freight market, carbon markets, and shine a spotlight on the scrap market with our special guest Alberto Xodo of the LME.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/7hD44ZpLp2R4que2WLFDQX?si=GTD23HjzS4iMIm_iPWgJZA   iTunes – https://podcasts.apple.com/gb/podcast/episode-103-10-08-22/id1507094242?i=1000575660552