Tag archives: CC

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

A Room with a Technical View 23/05/22

Capesize June futures – Technically bullish last week but in a corrective phase; having traded to a low of USD 34,625 the futures have traded above the USD 39,250 high, to USD 43,500. Elliott wave analysis would suggest we are on a wave 5 of the cycle that started on the 29/04/22 with a potential …

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