Tag archives: CC

Freight and Commodity Podcast 05/10/22

In this week’s episode, we speak with the Head of the Shipbroking team and Director of Singapore Office Kim Klarmann about his thoughts on the physical freight market. We also spotlight the FFA market, geopolitical events, and market movements of our major freight and commodity markets.   Click Below to Listen:     Website – …

Continue reading “Freight and Commodity Podcast 05/10/22”

A Room with a Technical View 04/10/22

Capesize November Futures – The downside move in the futures has held at the USD 14,750 support meaning the technical remains bullish but with a neutral bias (the intraday technical is bearish). Upside moves that fail at or below USD 18,917 will leave the futures vulnerable to further tests to the downside; above this level, …

Continue reading “A Room with a Technical View 04/10/22”

Daily Virtual Steel Mill Report 30/09/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro： • Before Chinese Golden Weeks, many cities start signing major projects, with a total investment of 3163.9 billion yuan. • The number of new claims for unemployment benefits for the first time last week was 193,000, est. 215,000, last 213,000. The U.S. economy growth …

Continue reading “Daily Virtual Steel Mill Report 30/09/22”

Daily Virtual Steel Mill Report 29/09/22

Market Verdict on Iron Ore： Neutral to bullish.   Macro： National conference from CFXC(China Foreign Exchange Commission) mentioned to stablise foreign exchange market, prevent Chinese yuan from sharp rise or fall. Previously Japan started to release 3.6 trillion Yen to slow down the fast depreciating Yen.   Iron Ore Key Indicators: Platts62 $99.60, +0.85, MTD …

Continue reading “Daily Virtual Steel Mill Report 29/09/22”