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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…

  • A new opportunity? 58%-Fe iron ore derivatives

    There are changes going on in the market for so-called ‘low grade’ iron ore. Increased iron ore supply, largely driven by Australian producers, has increased the proportion of ‘low-grade’ production to 46% of the country’s total output.

  • 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…

  • 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.