Freight and Commodity Podcast 15/06/22

All things oil this week on the podcast as we look at the flows of the world oil market, as well as updates on the dry freight, bunker and ferrous markets.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/2zrXgAwrZ4myIC17DQ28TW?si=dno03XuOQ3WLG3mszFO_ug   iTunes – https://podcasts.apple.com/gb/podcast/episode-101-15-06-22/id1507094242?i=1000566508221

A Room with a Technical View 13/06/22

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 29/04/22 with a potential upside …

POSCO Halts Some Plants Due To South Korea Trucker Strike 13/06/22

Top Steelmaker in South Korea Halts Production on Trucker Strike   South Korea’s top steelmaker Posco said it has halted output of some products as a prolonged strike by truck drivers adds more disruption to global supply chains.  The Pohang-based company stopped production at its four wire-rod factories and two cold-rolled steel plants as of …