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Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
 Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, and a mid-week surge in paper rates also pushed the physical market higher. The World Steel Association (WSA) offered some optimistic news for European steel demand, predicting demand in the region would rise 20% during 2010. It also raised global growth forecasts up from 9% to 10% for the year, which will return the market back to 2008 levels. However the WSA warned that while the reactivation of many European blast furnaces was encouraging news, there were concerns of premature re-starts. It added that some steel business had been lost to Europe forever. The BRIC countries have now increased their global market share from 50% in 2008 to 58% in 2009, a figure which is forecast to rise again to 60% in 2010.
Supra/Handy
In the Atlantic the market stayed firm, mainly supported by a healthy amount of grain stems out of ECSA. Overall the rates went up steadily, gaining 5% on the Handy sizes and well over 10% on the Supras. For Handy sizes a TARV is now worth in the low US$20,000s, while a trip ex Black Sea to the Far East was in the high US$20,000s. For Supras a TARV was worth in the mid/high US$20,000s, while trips with delivery WAF via ECSA to the Far East are now worth in the low US$40,000s. A trip from the Black Sea east via Suez is now worth in the mid US$40,000s. The Pacific Supra market also continued on its upward path from the previous week, where Nopac and Aussie rounds were the movers and shakers. They closed the week in the region of mid/high US$20,000s to US$30,000, depending on specs and positions, which is up from the high teen/ low-US$20,000s at the start of the week.
Indonesia round voyages were getting between high teens and low US$20,000s, and picked up towards the end of the week. India continued to be extremely firm, maintaining rates in the low US$40,000 on the west coast, and mid US$30,000s on the east coast for non-Haldia positions. Haldia vessels were getting mid-high US$30,000s. There was lots of short period activity seen, with Supras fixing in the mid to mid/high US$20,000s for short period, and low-mid US$20,000s for 1 year, with deliveries in the Far East.
Panamax
The Panamax market saw substantial increases in both basins last week, and the Baltic Panamax Index rose by 4% to reach 4,177 points. There was continued tightness in the Atlantic, which saw levels rise by around US$3,000-US$4,000 for transatlantic/fronthaul business. Conditions in the Pacific were less dramatic although rates here also jumped by about US$1,500-2,000 for Pacific round voyages. With the market moving up, the period market saw some activity and a 73,000 dwt vessel was reported taken for two years at US$25,000/day, while one year periods was being fixed at around US$26,000/day.
Cape size
Another rise in Cape size rates last week, with the BCI jumping 10% to 4,328 points. The four time charter breached the US$40,000 mark again and finished the week at US$41,877 per day. A surge in paper rates near the end of the week also pushed rates up, as a tight tonnage situation plus a lack of cargoes created good anticipation for the short-term future. 2Q 2010 FFA rates closed on Friday at US$41,125/day. This bullishness also prompted some activity in the period market and a 2010-built 180,000 tonner was reportedly taken for one year at US$37,750/day. The BCI climbed 83 points on Monday.
Source: BRS Dry Bulk
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Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...
Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block.
The nation of India.
India is emerging as a major re-shaping force for ...
Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...
Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...
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Showing 5916 to 5920 news of total 6871 |
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- Makarim & Taira - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
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