Tag archives: CC

A Room with a Technical View 06/06/22

Oil August Futures – Technically bullish on the last report the futures did trade above the USD 115.69 fractal resistance resulting in the USD 123.74 level being broken. The roll into the August contract resulted in a technical pullback, however price held above the USD 112.36 level supporting a bull argument. Key support remains unchanged, …

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Asian Coal Prices rallied to a record high as India secured shipment 30/05/22

Asian Coal Prices Extend Record-Breaking Rally on Indian Demand   Asia’s coal benchmark rallied to the highest on record as India — a top consumer of the power plant fuel -moved to secure shipments, tightening supplies in the region. Spot physical coal at Australia’s Newcastle port jumped 1.6% to a record $398.75 a ton on …

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Freight and Commodity Podcast 25/05/22

The Australian election, significant coal shipments, and Chinese lockdowns are just some of the factors discussed affecting the dry freight and ferrous markets on this week’s podcast.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/29ih7HBghbxxMxqvPnjpg9?si=s7cd5GFSSgmEEOWAED46AA   iTunes – https://podcasts.apple.com/gb/podcast/episode-99-25-05-22/id1507094242?i=1000563789909