FIS Panamax Technical Report The index is technically bullish having broken last weeks Fractal resistance. Near-term upside target is USD 9,601 with further resistance up to USD 11,315. Downside moves remain technically bullish above USD 6,934 and neutral below. To view the full report please click on the link
Tag archives: PM
Panamax July 20 Morning Technical Comment – 240 Min
Panamax July 20 Morning Technical Comment – 240 Min
Panamax July 20 Morning Technical Comment – 240
PMX Jul v Q3 20
PMX Jul v Q3 20 To view the full report please click on the Link
Panamax July 20 Morning Technical Comment – 240 Min
Panamax futures remain buoyant on China soybean purchases
Panamax futures remained buoyant this week as China continued to buy US Soybeans, despite increased political tensions over Hong Kong. The Q4 futures rallied 5.5% on Wednesday as the world’s second largest economy was revealed as purchasing 10 cargoes of soybeans this month from the U.S. alone, according to Bloomberg. China needs beans and remains …
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