COALspot.com keeps you connected across the coal world
  • MAY 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 61.11 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Baltic BriefingCapesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, from mid-$13.00s, to somewhere in the $18.00s. Despite all this activity, the West Australia ore rates have moved a modest amount. There have been daily fluctuations, with FMG paying $7.50 for a prompt ship, compared to rates of around the $6.50 level the previous week. Fewer fixtures have emerged on timecharter, with a 14-year old 180,000-tonner fixing from Rizhao for a round voyage in the East, at $15,000 daily. While earlier this week, the Aqua Vision (180,353 2011), open Zhuhai 20-23 April, went to Jiangsu Steamship in direct continuation for an Australian round voyage at $12,950. Saldanha Bay/Qingdao rates firmed, last done was $12.80 on the Mineral Stonehenge for early May loading to Anglo American. There was a little period activity, with ArcelorMittal re-letting the Pelopidas (176,006 2011), open China 1-5 May for 9-12 months, at $17,850, in addition to the Pacific Bulk vessel Cape Splendor (206,070 2014), agreeing $23,500 retroactive, sailing to Lanshan 10 April, for balance of period (about 7-9 months). However, in both cases a charterer was not reported.

Panamax
Period interest continued, despite the disparity with spot rates, with the ongoing improvement in the Cape market further boosting the sentiment. The paper market tried to bounce a few times this week, but the declining BPI repeatedly dampened resolve. The North Atlantic was very active in the first half of the week, with a decent clear out of early tonnage, however, rates still softened and there were many reports of ships fixed on timecharter, which, proved to be the equivalent to voyages rates. Further South, East coast South America maintained a reasonable cargo demand, but this was matched by supply, so rates drifted as the week progressed from around $16,500 plus $650,000 ballast bonus for front haul on a modern Kamsarmax, to around $15,500 plus $550,000 ballast bonus. The Pacific remained subdued throughout the week, with a lack of mineral cargoes and an abundance of early ships putting rates under pressure. Those particularly impacted, being Post Panamaxes, however, NoPac grains saw a steady volume of fixing, and rates here showed a little more resistance. Expectation was more optimistic for later dates, with several brokers noting healthy enquiry on forward positions.

Supramax
Overall a week lacking activity in the Atlantic, but some suggested a floor might have been found in certain areas. Most of the Atlantic routes made gains, and the US Gulf market was picking up again towards the weekend. However, it was also reported that a longer tonnage list was evolving in the Mediterranean, with more market players keen to take vessels for period in the area, but was still fairly flat in East coast South America. In the Pacific, it remained a struggle for the rates to achieve the last done level.

A 57,000-dwt open Canakkale, was fixed via the Black Sea and Red Sea, to redeliver in Port Said at $9,500 early part of the week. A 63,000-dwt open Iskenderun, was booked West Africa with clinker, at $10,500. From the US Gulf, a 58,000-dwt was fixed from South-West Pass for grain, to West coast Central America, at a rate around $20,000. Another Ultramax vessel went from the US Gulf area at $24,000 to the East. From East coast South America, a 58,000-dwt was fixed at $16,500 to the Mediterranean; another similar-sized agreed a trip to Adabiya, with redelivery in Port Said, at $17,000 basis, Tubarao delivery.

In the Pacific, steel runs from North China to South-East Asia, were reported ranging from $8,000 to $9,000. Nickel ore trips were fixed at $12,000 on Ultramax vessel open Thailand, or, $10,000 on a 53,000-dwt open South China. Two 56,000-dwt open Hong Kong and Singapore were fixed for Indonesia coal trips to China, at $9,500 and $11,000 respectively. A coal trip from Indonesia to West coast India, was reportedly done at the low $13,000s on a 58,000-dwt basis delivery Cebu, and $9,000 on a 56,000-dwt basis delivery South China. From the Indian Ocean, a 56,000-dwt delivery Bandar Imam Khomeini, was fixed for moving sulphur, via Iran, to China at $15,000. An iron ore trip from Iran to China paid $16,000 on a 58,000-dwt basis delivery Mesaieed.

Handysize
The Pacific basin saw a continuous fall throughout the week, and the negative sentiment continued in the US Gulf, while the rates struggled to push up further from East coast South America. Most of the areas remained largely flat. On the period front, a 38,000-dwt open Paranagua, was booked for four to six months at $13,000 redelivery in the Atlantic.

A voyage fixture of 40,000 tonnes, 10% stem, from Up-River to Algeria, was booked at $30.75, with 8,000mt load and 5,000mt discharge plus 5% total commission structure. A 28,000-dwt open Dneprobugsky, was fixed for a front haul business, with long duration, at a rate in the low $13,000s. A voyage fixture of 25,000-tonnes, 10% barley, was done from Rouen to Tunisia, at $23.75, with 10,000 mt load and 2,500 mt discharge. From the East, a 28,000-dwt open Busan, was booked for a trip via Japan to South-East Asia with scrap cargo, at $8,300. A 37,000-dwt open Lanqiao, was concluded to move logs from New Zealand to China, at $11,500. A 38,000-dwt open Sandakan was fixed for a trip, via Australia, to North China with alumina, at $10,250.
Source: Baltic Briefing


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...


Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...


Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...


Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.   The index, released by Chi ...


Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...


   1 2 3 4 5   
Showing 11 to 15 news of total 5942
News by Category
Popular News
 
Total Members : 26,920
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Attock Cement Pakistan Limited
  • Global Green Power PLC Corporation, Philippines
  • Chamber of Mines of South Africa
  • CIMB Investment Bank - Malaysia
  • Videocon Industries ltd - India
  • Riau Bara Harum - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Aditya Birla Group - India
  • Antam Resourcindo - Indonesia
  • Petron Corporation, Philippines
  • Clarksons - UK
  • TeaM Sual Corporation - Philippines
  • Iligan Light & Power Inc, Philippines
  • PLN - Indonesia
  • Core Mineral Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Cebu Energy, Philippines
  • Cement Manufacturers Association - India
  • Bayan Resources Tbk. - Indonesia
  • Kumho Petrochemical, South Korea
  • Meenaskhi Energy Private Limited - India
  • Adaro Indonesia
  • The Treasury - Australian Government
  • Eastern Energy - Thailand
  • WorleyParsons
  • Renaissance Capital - South Africa
  • Maharashtra Electricity Regulatory Commission - India
  • McConnell Dowell - Australia
  • Billiton Holdings Pty Ltd - Australia
  • Orica Australia Pty. Ltd.
  • Thailand Anthracite
  • Gujarat Sidhee Cement - India
  • Adani Power Ltd - India
  • Posco Energy - South Korea
  • Georgia Ports Authority, United States
  • IHS Mccloskey Coal Group - USA
  • Minerals Council of Australia
  • SRK Consulting
  • Bhushan Steel Limited - India
  • White Energy Company Limited
  • Lanco Infratech Ltd - India
  • Kideco Jaya Agung - Indonesia
  • bp singapore
  • Coaltrans Conferences
  • CNBM International Corporation - China
  • PNOC Exploration Corporation - Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Sucofindo - Indonesia
  • PetroVietnam
  • Geoservices-GeoAssay Lab
  • Binh Thuan Hamico - Vietnam
  • Cemex - Philippines
  • Cargill India Pvt Ltd
  • Interocean Group of Companies - India
  • World Bank
  • LBH Netherlands Bv - Netherlands
  • Surastha Cement
  • Trasteel International SA, Italy
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Australian Coal Association
  • Moodys - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Cosco
  • Thomson Reuters GRC
  • Gresik Semen - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Jaiprakash Power Ventures ltd
  • Anglo American - United Kingdom
  • Asmin Koalindo Tuhup - Indonesia
  • Enel Italy
  • JPMorgan - India
  • Eastern Coal Council - USA
  • PLN Batubara - Indonesia
  • Ministry of Transport, Egypt
  • Barclays Capital - USA
  • GB Group - China
  • KEPCO - South Korea
  • Directorate Of Revenue Intelligence - India
  • CESC Limited - India
  • ICICI Bank Limited - India
  • Kaltim Prima Coal - Indonesia
  • APGENCO India
  • Rudhra Energy - India
  • South Luzon Thermal Energy Corporation
  • Miang Besar Coal Terminal - Indonesia
  • Malco - India
  • Vale Mozambique
  • PowerSource Philippines DevCo
  • Jindal Steel & Power Ltd - India
  • Indian Oil Corporation Limited
  • Inspectorate - India
  • Sojitz Corporation - Japan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Australian Commodity Traders Exchange
  • SASOL - South Africa
  • Heidelberg Cement - Germany
  • Jorong Barutama Greston.PT - Indonesia
  • MS Steel International - UAE
  • Price Waterhouse Coopers - Russia
  • Permata Bank - Indonesia
  • Ambuja Cements Ltd - India
  • Economic Council, Georgia
  • Central Electricity Authority - India
  • Cigading International Bulk Terminal - Indonesia
  • Indika Energy - Indonesia
  • Meralco Power Generation, Philippines
  • Bukit Makmur.PT - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • ACC Limited - India
  • Asian Development Bank
  • Ind-Barath Power Infra Limited - India
  • Russian Coal LLC
  • Mercuria Energy - Indonesia
  • Central Java Power - Indonesia
  • Mitsubishi Corporation
  • CoalTek, United States
  • Siam City Cement PLC, Thailand
  • Idemitsu - Japan
  • Fearnleys - India
  • Credit Suisse - India
  • Sree Jayajothi Cements Limited - India
  • ING Bank NV - Singapore
  • Bhoruka Overseas - Indonesia
  • Britmindo - Indonesia
  • Madhucon Powers Ltd - India
  • BNP Paribas - Singapore
  • The State Trading Corporation of India Ltd
  • Mitra SK Pvt Ltd - India
  • Shree Cement - India
  • Siam City Cement - Thailand
  • Goldman Sachs - Singapore
  • European Bulk Services B.V. - Netherlands
  • Indian School of Mines
  • TNPL - India
  • Shenhua Group - China
  • Energy Link Ltd, New Zealand
  • Singapore Mercantile Exchange
  • Electricity Generating Authority of Thailand
  • Parry Sugars Refinery, India
  • Bukit Baiduri Energy - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Coal Orbis AG
  • Coal India Limited
  • Orica Mining Services - Indonesia
  • Formosa Plastics Group - Taiwan
  • IEA Clean Coal Centre - UK
  • Petrosea - Indonesia
  • Freeport Indonesia
  • NALCO India
  • UBS Singapore
  • Banpu Public Company Limited - Thailand
  • Star Paper Mills Limited - India
  • U S Energy Resources
  • Inco-Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Deloitte Consulting - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Vizag Seaport Private Limited - India
  • Merrill Lynch Commodities Europe
  • Samsung - South Korea
  • IMC Shipping - Singapore
  • Coeclerici Indonesia
  • Makarim & Taira - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Gujarat Electricity Regulatory Commission - India
  • Karaikal Port Pvt Ltd - India
  • Indorama - Singapore
  • JPower - Japan
  • India Bulls Power Limited - India
  • Commonwealth Bank - Australia
  • VISA Power Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Platou - Singapore
  • Jatenergy - Australia
  • Thai Mozambique Logistica
  • Coalindo Energy - Indonesia
  • Glencore India Pvt. Ltd
  • SMG Consultants - Indonesia
  • Asia Cement - Taiwan
  • DBS Bank - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Tanito Harum - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Malabar Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • Gujarat Mineral Development Corp Ltd - India
  • Samtan Co., Ltd - South Korea
  • Sindya Power Generating Company Private Ltd
  • Grasim Industreis Ltd - India
  • TGV SRAAC LIMITED, India
  • Krishnapatnam Port Company Ltd. - India
  • New Zealand Coal & Carbon
  • Coal and Oil Company - UAE
  • Bulk Trading Sa - Switzerland
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Edison Trading Spa - Italy
  • Carbofer General Trading SA - India
  • Latin American Coal - Colombia
  • Planning Commission, India
  • SUEK AG - Indonesia
  • McKinsey & Co - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Thriveni
  • San Jose City I Power Corp, Philippines
  • Arch Coal - USA
  • Berau Coal - Indonesia
  • globalCOAL - UK
  • Bhatia International Limited - India
  • KPMG - USA
  • Maybank - Singapore
  • CCIC - Indonesia
  • Metalloyd Limited - United Kingdom
  • Vitol - Bahrain
  • Energy Development Corp, Philippines
  • EMO - The Netherlands
  • Maheswari Brothers Coal Limited - India
  • Borneo Indobara - Indonesia
  • Wood Mackenzie - Singapore
  • Agrawal Coal Company - India
  • Tata Chemicals Ltd - India
  • EIA - United States
  • Coastal Gujarat Power Limited - India
  • Intertek Mineral Services - Indonesia
  • IBC Asia (S) Pte Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • Savvy Resources Ltd - HongKong
  • Kapuas Tunggal Persada - Indonesia
  • GVK Power & Infra Limited - India
  • Wilmar Investment Holdings
  • UOB Asia (HK) Ltd
  • Mjunction Services Limited - India
  • Bank of America
  • NTPC Limited - India
  • Mitsui
  • Sarangani Energy Corporation, Philippines
  • Sakthi Sugars Limited - India
  • Tamil Nadu electricity Board
  • The University of Queensland
  • Ernst & Young Pvt. Ltd.
  • Ministry of Finance - Indonesia
  • Essar Steel Hazira Ltd - India
  • Oldendorff Carriers - Singapore
  • Argus Media - Singapore
  • Platts
  • Straits Asia Resources Limited - Singapore
  • Toyota Tsusho Corporation, Japan
  • Ceylon Electricity Board - Sri Lanka
  • TNB Fuel Sdn Bhd - Malaysia
  • Larsen & Toubro Limited - India
  • Peabody Energy - USA
  • Xindia Steels Limited - India
  • Merrill Lynch Bank
  • Baramulti Group, Indonesia
  • Arutmin Indonesia
  • Deutsche Bank - India
  • Japan Coal Energy Center
  • Bangkok Bank PCL
  • Dalmia Cement Bharat India
  • Manunggal Multi Energi - Indonesia
  • Kobe Steel Ltd - Japan
  • OCBC - Singapore
  • RBS Sempra - UK
  • Uttam Galva Steels Limited - India
  • IOL Indonesia
  • GHCL Limited - India
  • Indonesian Coal Mining Association
  • Runge Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ANZ Bank - Australia
  • Semirara Mining Corp, Philippines
  • The India Cements Ltd
  • HSBC - Hong Kong
  • SMC Global Power, Philippines
  • ETA - Dubai
  • Mercator Lines Limited - India
  • Simpson Spence & Young - Indonesia
  • Gupta Coal India Ltd
  • Reliance Power - India
  • Xstrata Coal
  • J M Baxi & Co - India
  • GN Power Mariveles Coal Plant, Philippines
  • Sical Logistics Limited - India
  • ASAPP Information Group - India
  • Pinang Coal Indonesia
  • GNFC Limited - India
  • MEC Coal - Indonesia
  • Qatrana Cement - Jordan
  • Global Business Power Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • KPCL - India
  • Global Coal Blending Company Limited - Australia
  • Indonesia Power. PT
  • Bank of China, Malaysia
  • Neyveli Lignite Corporation Ltd, - India
  • Thiess Contractors Indonesia
  • Medco Energi Mining Internasional
  • World Coal - UK
  • Alfred C Toepfer International GmbH - Germany
  • Vedanta Resources Plc - India
  • KOWEPO - South Korea
  • Bukit Asam (Persero) Tbk - Indonesia
  • Cardiff University - UK
  • Maruti Cements - India
  • SGS (Thailand) Limited
  • Rio Tinto Coal - Australia
  • Power Finance Corporation Ltd., India
  • Standard Chartered Bank - UAE
  • Ministry of Mines - Canada
  • Kartika Selabumi Mining - Indonesia
  • Marubeni Corporation - India
  • Noble Europe Ltd - UK
  • Maersk Broker
  • Directorate General of MIneral and Coal - Indonesia
  • Barasentosa Lestari - Indonesia
  • Indogreen Group - Indonesia
  • Panama Canal Authority
  • Bharathi Cement Corporation - India
  • GMR Energy Limited - India
  • TANGEDCO India
  • Ince & co LLP
  • Mintek Dendrill Indonesia
  • Total Coal South Africa
  • Bangladesh Power Developement Board
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Leighton Contractors Pty Ltd - Australia
  • London Commodity Brokers - England
  • Pendopo Energi Batubara - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Mechel - Russia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Tata Power - India
  • Africa Commodities Group - South Africa
  • Romanian Commodities Exchange
  • BRS Brokers - Singapore
  • Salva Resources Pvt Ltd - India
  • Altura Mining Limited, Indonesia
  • PTC India Limited - India
  • Independent Power Producers Association of India
  • Holcim Trading Pte Ltd - Singapore
  • Kobexindo Tractors - Indoneisa
  • AsiaOL BioFuels Corp., Philippines
  • Lafarge - France
  • TRAFIGURA, South Korea
  • SN Aboitiz Power Inc, Philippines
  • Infraline Energy - India
  • Sinarmas Energy and Mining - Indonesia
  • Humpuss - Indonesia
  • Thermax Limited - India
  • Aboitiz Power Corporation - Philippines
  • Therma Luzon, Inc, Philippines
  • Parliament of New Zealand