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, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
Baltic BriefingCapesize
Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25, in what appeared to be pre-holiday jitters, after climbing in excess of the mid-$7.00s before stalling. The Australian miners were taking ships, with Rio Tinto securing tonnage for 13 May onwards at the end of the week from Dampier to Qingdao at $7.25, but with improved drafts in Dampier, brokers said. Timecharter rates hovered around $16,000 to $17,000 daily for Australian round voyages. Brazil trading slowed after a sharp rate rise on the key Tubarao/Qingdao run, and although easing, rates were still around $18.00, however, with claims, a rate in the high $17.00s was agreed. Tonnage was tight in the North Atlantic, and rates pushed up, with reports of end-May cargo fixed from Puerto Bolivar at $10.40 basis Rotterdam. The transatlantic timecharter rate slipped, but was still close to $20,000 daily, although activity slowed, fronthaul rates were still in the low to mid $30,000 daily. With uncertainty going forward, and a flat forward paper curve, period trading slowed with some failing evidently. A 2011-built 176,000-tonner fixed this week for seven to ten months trading with first-half May, delivery China, at $18,500 daily. The gap remained wide between charterers and owners ideas for now.
 
Panamax
There were fewer period trades, as the bid/offer gap widened due to the declining spot market, but the few deals done were still at solid levels. Atlantic rates softened in the North due to the oversupply of tonnage, despite a relatively healthy amount of enquiry. Grain sales to China for the US stopped due to the introduction of the anti-dumping charges, and despite this leading to increased volume from an already busy East coast South American market, potential increases were off-set by the large number of ballasters and owners struggling to maintain rates. Modern Kamsarmaxes were fixing at $14,800 plus a $480,000 ballast bonus, but it was unlikely that this level would be on the table for very long, with sources suggesting mid-May cargoes have mostly been covered. The Pacific saw a touch more mineral demand, but rates in the South fell. Although the North experienced a flurry of greatly improved fixtures, mainly for NoPac cargoes, sources attributed this to the upcoming Golden Week in Japan, combined with a holiday in China (Monday and Tuesday). Regardless, the improvement was enough to see the BPI P3a rise unexpectedly on Thursday, when rates on other routes dropped, with the highlight a very well described Kamsarmax in Japan fixing at over $14,000 for a trip via NoPac to South China.
 
Supramax
With the onset of various holidays in the Asian sector next week, this basin saw more activity than the Atlantic this week. There was period cover sought, with a 63,000-dwt open CJK end April, fixed for four to six months, trading redelivery worldwide, at $13,000. While further South, a 56,000 open Kosichang was fixed for three to six months, redelivery worldwide, at $12,750.
 
A mixed bag from the Atlantic, with limited fixtures surfacing. A 58,000-dwt open Turkey was booked for a trip, via the Black Sea, redelivery Singapore-Japan, in the upper $17,000s. From the Continent, a 53,000-dwt was fixed for a scrap run from Liverpool to the Mediterranean, at around $14,000. An easing of interest from East coast South America saw a 55,000-dwt fix basis Recalada, for a trip to the Mediterranean, in the mid $14,000s. From the US Gulf, a 55,000-dwt open New Orleans early May, agreed a rate in the mid $15,000s to move wood pellets to the Continent.
 
There was a touch more nickel moved this week. A 57,000-dwt open Yangjiang, was fixed for a trip, via the Philippines, redelivery China, at $11,750. For coal runs, a 61,000-dwt was fixed basis delivery Surabaya, for a trip via Indonesia, redelivery India at $15,000. A 50,200-dwt open Phu My, also went for two to three laden legs redelivery worldwide, at $10,000. From the Indian Ocean, a 63,500-dwt was fixed for a trip delivery Mumbai, via West coast India, redelivery China, at $14,000. Finally, for South African business, a 63,500-dwt went delivery Krisnapatnam, via South Africa, redelivery Singapore-Japan range at $13,150.
 
Handysize
Overall it was a relatively slow week, with the week beginning much as it had finished the previous week. Lower rates were reported from East coast South America, US Gulf and the Pacific basin towards the end of the week. A 33,000-open West Mediterranean was reportedly fixed for three to five months, trading with worldwide redelivery at approximately $11,000. Another similar-sized open in the same area was concluded at $9,500 for two to three laden legs, with redelivery in the Atlantic at $9,500. From East coast South America, a 38,000 was booked to move grain to Spain at $12,750 – a rate brokers considered at the low end. From the US Gulf, a 35,000 did intra-Gulf business at around $8,000, and two 34,000s, open US East coast, were fixed to Veracruz at $6,500, and the Western Mediterranean at $10,000, respectively. In the Pacific, a 32,000-dwt open South China agreed $9,000 for a run via Vietnam, and redelivery in the Philippines. Similarly, a 28,000 open Singapore, was fixed to the Philippines at $8,500. A trip with limestone paid $9,000 on a 43,000 from Singapore to East coast India.
Source: Baltic Briefing


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

Recent News

Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...


Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...


Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...


Wednesday, 27 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.94 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.03 points Monday, up 0.94 percent week on week.   The index, released by China ...


Monday, 25 May 20
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
Non-OPEC oil supply continued to increase by 2.0 mb/d in 2019, driven by US shale production, which rose by 1.7 mb/d, amounting to 84% of total non ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5937
News by Category
Popular News
 
Total Members : 26,914
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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