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Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.46 pct and closed at 3288 points.
“I will be interesting to see if the BDI would drop below 3000 points barrier”, said Capt. Reddy, an experienced ship operator in Singapore.
The Panamax and Supra max was also quite soft and was down by 13.33 pct and 12.08 pct respectively. The handy size index was down by 6.52 pct and closed at 1333 points. The downward trend seems to continue and seems next week also will be soft.
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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3288
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3844
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556¯
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-14.46
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Baltic Cape Index
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4276
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5110
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834¯
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-16.32
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Baltic Panamax Index
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3361
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3878
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517¯
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-13.33
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Baltic Supra Index
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2410
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2741
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331 ¯
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-12.08
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Baltic Handy size Index
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1333
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1426
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93 ¯
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-6.52
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As of 11 June 2010
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Spot vessels opening feast have been under pressure. However short period rates for supra max were fixed at US$ 22000 per day.
The average charter hire was at Cape/US$ 44244 per day, Panamax/US$ 27023 per day, Supramax/US$ 25201 per day and Handy size/US$ 19421 per day.
The supramax index in the Fareast (S6 route) was down by US$ 3696 per day and closed at US$ 20418 per day. The ECI/China (S7) route continued to softened and was down by US$ 2911 per day and closed at US$ 21131 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$ 29000 per day, Panamax/US$ 20500 per day, Supra max/US$ 17500 per day, Handy size/US$ 14000 per day.
The congestion in EC Australian ports was at 113 vessels this week (last week 118 vessels ). The vessels waiting at main coal loading ports were at Hay point/11, DBCT/53, Gladstone/6, Abbot Point/Nil, New Castle/42 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 27 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days, however Paradip and Haldia was getting congested.
The Brent crude prices was up at US$ 74.72 per barrel (last week US$ 71.71 per barrel). The bunker prices was at US$ 439.50 pmt (ifo 380 cst ex Singapore) on 11th 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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Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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Showing 5721 to 5725 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Planning Commission, India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Aditya Birla Group - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
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