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Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week with BDI and Cape index maintaining the moment. The BDI had risen much higher than previous week and ended at 3494 points.
The Cape size sector was also quite firm with a increase of 1782 points and the BCI ending at 6125 points.
The Panamax gained 531 points where as Supramax was fairly stable ending 7 points lower than last week. The Supramax Indonesia/Aussie to India has been under pressure and this sector was down by about usd 613 per day compared to beginning of the week. There has been hectic activity on period charterers and it seemed many owners were keen to make use of the rising market and fix on period.
The average charters at the closing of the week is Cape / US$ 67,723 pday; Panamax / US$ 23,242 pday and Supramax / US$ 19,144 pday.
The Chinese imports of iron ore/coal and nickel ore seemed to be steady. Also it seems the coal demand to India also is likely to pick up with some large tenders floated for huge quantities of imported coal. There quite a few cargoes of fertilizer movement from China and other Countries to India which is likely to continue for next 2/3 months. With isgnifican increase of prices on all commodity prices in general indicates that the demand is increasing and the cargo movement is looking good and the freight market seems would be fairly steady and firm for next few weeks.
The bunker prices continued to rise with brent crude reaching US$ 66 per barrel and the IFO prices ex Singapore touching US$ 380 pmt levels.
" The short period (4/6 months) rates for larger supramax and for the balance of 2009 is expected around US$ 15,500/16000 per day with delivery Far east / SE Asia region future" said, Capt. Reddy, Vistaar Shipping, Singapore
One year period rate for supramax reported at around US$ 15,000 per day with delivey India / Far east region.
The forward freight rates for 3/5 months is expected to be around the same as the below indicated spot rates, unless there are some major changes with china’s imports.
The indicative spot freight rates on Supramax as follows:
Coal
- Indonesia / East Coast India : US$ 13.00 / 13.50 pmt
- Indonesia / West Coast India : US$ 16.00 / 16.50 pmt
- Richards Bay / West Coast India : US$ 17.50 / 18.00 pmt
- Richards Bay / East Coast India : US$ 18.50 / 19.00 pmt
- Queensland / East Coast India : US$ 19.50 / 20.00 pmt
Iron Ore
- WC India / N.China : US$ 15.00 / 15.50 pmt
- EC India / N.China : US$ 13.50 / 14.00 pmt
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Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...
Saturday, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spur ...
Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...
Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African c ...
Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing.
China's largest coal pr ...
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- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Australian Coal Association
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- The University of Queensland
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
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