Freight Up! Fuel oil, iron ore, steel and other commodity insights from Freight Investor Services Mastering Market Trends: Unleash the Power of Technical Analysis to Transform Your Trading Strategy
Does this sound familiar?
You're constantly analysing market trends, trying to make sense of the fluctuating freight industry. But no matter how hard you try, you just can't seem to grasp the bigger picture.
You've been told to rely solely on fundamental analysis, but it's left you feeling frustrated and lost.
The pain of missing out on profitable opportunities and making costly mistakes is overwhelming.
It's time to break free from ineffective strategies and embrace the power of technical analysis.
Hi, I'm Fernanda, your host of this great podcast and it's my job to ensure you're getting your fix of Freight Up fun this week.
Join us in this episode of the Freight Up! podcast from FIS as we enlist the help of 'Freight Upper' Ed Hutton, and get more of an understanding of how to see market trends and unlock our path to success!
As promised, here's the link to the FIS live app.
We also get our first chat with Matthew Howarth talking with us about coking coal.
Archie Smith and James Robinson join us for more insight from the Fuel Oil and Iron Ore desks!
And.. Decoding the dance! Unraveling the Intricacies of the Coking Coal Market...
Literal uncharted waters this week, as we talk about the coking coal market for the first time on this podcast.
Do you ever wonder what goes on in the busiest trading sessions of the Singapore exchange, where deals between 2KT to 10KT are the norm?
Are you curious about what influences the ebb and flow of this global market, and how various physical, financial, and trading house players impact it?
What role does China, the major onshore player, play in shaping the market trends?
And how does weak demand in China or overall global demand affect the coking process and the market's dynamics?
Intriguingly, the market's reactions to bearish conditions have been anything but ordinary.
What causes buying interest to surge when prices dip, only to rebound again gradually?
And why are traders from Singapore and Australia predicting a further drop in PLV coke and coke prices, potentially to as low as 200 per ton?
As you consider these questions, you may find yourself intrigued by the chess game of market reactions - the anticipation, the retreats, the calculated re-entries. There's a peculiar rhythm to it, a dance of sorts. It's not just about trading, it's about understanding the pulse of the market, it's about staying one step ahead of the game...
Timestamped summary of this episode:
00:01:04 - OPEC Cuts and Weak Demand Outlook 00:04:05 - High Sulfur Fuel Oil Market Volatility 00:08:29 - Fertilizer Market Reset and Grain Price Impact 00:09:50 - Recap of Q2 Fertilizer Market 00:15:35 - The Importance of Fertilizer Options 00:18:29 - Challenges in the Chinese Steel Industry 00:21:30 - Panamax and Capesize Rates 00:22:32 - Steel Market Analysis 00:28:17 - Iron Ore Market Update 00:29:27 - Steel Production Cuts in China 00:30:09 - Concerns About the Chinese Economy 00:31:25 - Bleak Outlook for the Property Market 00:31:52 - Surging Steel Exports 00:33:14 - Market Skepticism and Iron Ore Futures