Category archives: Coking Coal

China’s Biggest Coal Region Raises Anuual Output To Ensure Power Supply 30/06/22

China’s Top Coal Region Expands to Prevent Another Power Crunch   China’s biggest coal-mining region will shoulder much of the increases in capacity demanded by the government to forestall another national power crisis. The northern province of Shanxi has pledged to add 107 million tons this year, over a third of the country’s target, which …

Continue reading “China’s Biggest Coal Region Raises Anuual Output To Ensure Power Supply 30/06/22”

A Room with a Technical View 27/06/22

Capesize July Futures – on the last report we noted that upside moves that failed at or below USD 35,505 will leave the futures vulnerable to further tests to the downside. The futures traded to a high of USD 32,750 before trading below the USD 26,500 and USD 23,625 support levels, to a low of …

Continue reading “A Room with a Technical View 27/06/22”

Market Digest 22/06/22

Russia Russia has become the largest oil exporter to China as it discounted crude to Beijing amid sanctions over Ukraine. Their imports rose by 55% from a year earlier to a record level in May, knocking Saudi Arabia from the top spot despite their export volumes going up 9% year-on-year at 7.8 million tonnes. The …

Continue reading “Market Digest 22/06/22”

Freight and Commodity Podcast 22/06/22

Iron ore, coking coal, and steel are the focus of this week’s podcast as we take a look at the trade flows and major issues facing the ferrous complex. All quoted data is from S&P Global Market Intelligence.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/7nKCAEfnEIY8OpHrx5zFdB?si=xB-cnIGcTXiWs-T5Iiocfw   iTunes – …

Continue reading “Freight and Commodity Podcast 22/06/22”