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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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Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
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Showing 5571 to 5575 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
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