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Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
 COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an experienced ship operator in Singapore.
Even though the cape index showed gains beginning of the week , but started to soften towards second half of the week and the index closed at 3,844 points down by 2.04 pct.
The BDI was down by 5.74 pct and closed at 3,844 points. The most affected was Panamax and Supramax category with indices softening by almost 8 pct and closed at 3,878 points and 2,741 points.
BDI (Baltic Dry Index Changes)
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BALTIC DRY INDEX CHANGE
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This week
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Last week
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Change
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Change %
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Baltic Dry Index
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3844
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4078
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234 ¯
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-5.74
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Baltic Cape Index
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5110
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5217
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107 ¯
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-2.05
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Baltic Panamax Index
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3878
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4247
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369 ¯
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-8.69
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Baltic Supra Index
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2741
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2982
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241 ¯
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-8.08
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Baltic Handy size Index
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1426
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1477
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51 ¯
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-3.45
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As of 4 June 2010
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The handy size index was down by 3.45 pct and closed at 1,426 points. The market seems heading for some correction at least for the time being as the steel demand seems to be softening and having affect on iron ore demand. Spot vessels will willing to fix at low rates compared to previous weeks as there were not many firm orders out of Indonesia and Australia.
The average charter hire was at Cape/US$ 55,010 per day, Panamax/ US$ 31,118 per day, Supramax/ US$ 28,662 per day and Handysize/ US$ 20,703 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 2,120 per day and closed at US$ 24,114 per day. The ECI/China (S7) route continued to softened and was down by US$ 3188 per day and closed at US$ 24,042 per day . The downward trend for S6 and S7 route is likely to continue next week also.
The futures for three years (2010-2012) was at around Cape/ US$ 31,000 per day, Panamax/ US$ 21,500 per day, Supramax/ US$19,000 per day, Handy size/ US$ 14,000 per day.
The congestion in EC Australian ports was at 118 vessels this week (last week 128 vessels ). The vessels waiting at main coal loading ports were at Hay point/12, DBCT/56, Gladstone/12, Abbot Point/Nil, New Castle/37 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 42 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Haldia in addition to Paradip.
The Brent crude prices was to US$ 71.71 per barrel (last week US$ 74.14 per barrel). The was slightly firm this week and closed at US$ 443 pmt (ifo 380 cst ex Singapore) on 4th June 2010.
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Friday, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...
Thursday, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...
Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...
Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...
Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...
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Showing 5566 to 5570 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Economic Council, Georgia
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Australian Coal Association
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- White Energy Company Limited
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
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