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Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy
Atlantic markets remain firm. Supramaxes open in USG are now achieving low/mid 50´s to the FEast and there is more petcoke moving ex USG. T/A rounds at mid 20´s. Handymax tonnage ex Bsea is achieving mid 30´s fronthaul and Supras low/mid 40´s. Solym was rumoured to have taken the Maha Avanti dely Wafr for 5/7 mos redel Atlantic at USD 27500. Handies (27/28000 dwt) now achieving rates around usd 20000/day to stay in Atlantic, a 23000 dwt was rumoured fixed 20000 for sugar via Brazil to SE Asia. The outlook is for stable conditions. The FEast was stable during the last week. For Pacific rounds Supras were fixed in the mid 20´s. For Indo/ India coal trips Supras can achieve low 20´s. For short period Supras trading in the mid/high 20´s. The Indian market for iron ore trips from WCI to China picked up some activity and Supras trading in the low/mid 30K. For South African rounds back to India Supras can achieve around mid 20´s.
Panamax
Panamax spot market has fallen back slightly over the last week although on low volume indicating resistance. With a still active period market and FFA market falling only marginal the spot market turned early this week to gain strength in both basins well supported by the re bounce in the Cape sector. Fresh grain requirements are still coming out, activity has increased, but market comeback could be just as much sentiment driven. Pacific rounds were fixed just under the 30.000 mark for NOPAC/Auisse rounds and even long hauls for ECSA. Atlantic rounds descending towards low 30.000 and fronthaul fixed at low 40.000´s until picking up a few thousand dollars all over. Period market is still active both for short period like 4-6 but also for both 1 and 2 years charter around 28 and 24+ respectively. The FFA market took a breather after a nice re bounce on Tuesday which could indicate we still see room for upside in Panamax freight levels.
Capesize
Activity and rate levels picking up dramatically on the back of increased demand - originating from Atlantic in particular - concurrent with persistent rumours that ore negotiations are coming to conclusion. Tubarao/China fronthaul rates are up 43% in terms of daily earnings to usd 63000, whilst the W.Australia/China conference trade is up 21% to come in at usd 34000/ day. Average daily earning stand at usd 38500, up usd 11000 w-o-w. Spot improvement is supported and partly driven by paper trades, with a resultant revived period interest from major players. Representative fixtures include 169000 dwt/2009 open China early May securing 12 months at usd 34500, 170000 dwt/1999 open China ppt doing 3.5-5 months at usd 34000, and 174000 dwt/2006 open China mid May fixing 12 months at usd 33500.
Source: FearnreSEARCH
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Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
&q ...
Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
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- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Planning Commission, India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
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