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  • An inflection point for coking coal futures?

    Growing liquidity in the coking coal futures market over the last year has seen traded volumes increase 42% year-on-year for Q1 2015 over 2014. More evidence of the changes going on in the market appeared to come earlier this week when the TSI spot price for CFR China premium coking coal fell below that of…

  • IOS: high volume but more selling pressure

    A high volume day on the Iron Ore Swap in which the market again came under increased selling pressure, with SHFE & DCE futures both finishing around 1% down and the swap down a buck from last night’s close. The Asian morning session saw some big volume trades printing particularly in November trading in size…

  • FIS brokers first trades on SGX CFR China and FOB Australia Coking Coal contracts

    More weight added to Virtual Steel Mill concept as traders welcome launch of two new cleared contracts by SGX and TSI. London, August 4, 2014. Freight Investor Services, one of the world’s leading brokers of freight and commodity derivatives, has executed the first swaps on two new premium hard coking coal contracts. The two new…

  • Coking coal swaps on course for million tonne market as contract options grow

    coal_handsFreight Investor Services, one of the world’s leading brokers of freight and commodity swaps, has welcomed the launch of two new coking coal contracts as new data shows the coking coal swaps market is nearing one million tonnes traded.

    During the first five months of 2014 alone, the coking coal market has seen just under 900,000 tonnes traded basis the Platts index on CME, compared to a total of 168,000 tonnes for the whole of 2013. Market participation has increased, with the number of active counterparties doubling in the last six months. Regional interest is building, with coking coal of increasing importance to counterparties from the US to Asia and Australasia.