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Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
 The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has so far trickled down to the other sizes. The BDI gained almost 13%, while the BCI continued its remarkable performance climbing to 2,975 points, equivalent to a 27% gain w-o-w. The BPI and BSI lost a marginal 1.2% and 0.5%, while the BHSI was up by 0.5% to 670 points. Underpinning the increase in Cape rates, China reported record levels of import stockpiles Friday, at 95.59m tonnes. Imports originating from Brazil fell slightly against a week ago, but both Australia and India showed increases, with Indian imports rising 3.7% w-o-w.
Capesize
Another exceptionally strong week for the Capesize market, taking the BCI up to 2,975 points and the 4TC to $23,899, a rise of 43% and the highest levels seen since December 2010. A surge of incoming cargos was the reason, helped by firming steel demand in Asia, in particular China and Japan. Although gains were apparent across the board, Aus -China and the Atlantic slightly outperformed Braz-China. The newfound optimism, at least for the next month or two, resulted in more period enquiry. A one -year period deal was reported for a 2010built 176,000 tonner at $14,000 with delivery China mid September. Meanwhile a 175,000 tonner was reported booked in the Pacific for 5-7 months at $19,000. October FFA prices were trading Friday at $19,255, compared to just $14,325 a week ago.
Panamax
There was a marginal drop of -$153 on the 4TC Panamax w-o-w as the Atlantic softened by -$861, however this was balanced mainly by the Pacific basin’s increase of $485 w-o-w. This overall drop had little effect on paper which posted gains across the curve for the week, mainly driven by the dramatic increase in Cape paper prices. The increased activity and gains displayed on the Cape market did not filter into the smaller sizes in any significant way. In the Atlantic there was limited fresh enquiry whilst growing open tonnage gave impetus to a softening of rates throughout the week. The Pacific on the other hand did realise gains over the week mainly on the back of spot fixing for Indonesia and Australia cargoes, which extended through to increased short period business being concluded also. The short period market for Panamax LME delivery North China firmed up a bit during the week from $13,800 to $14,500 end of the week reflecting a more positive sentiment for the coming months.
Supramax/Handy
Not much excitement going on in the market this past week. We hope/expect that the activity will start picking up now that summer is over and everyone has returned from vacation. For Supras, the Baltic Index lost 7 points to finish at 1,379, whereas the TC average decreased by $74 to finish at $14,489. Modern Supras were fixed from the USG to the Far East in the region of the high $20,000s, and in the mid $20,000s to the Med. From the Continent, modern Supras were fixed to the Med somewhere in the mid/ high $10,000s. For the smaller sizes, the market remained pretty much steady last week for Handies, with the Baltic losing 1 point and finishing at 670. The TC average for Handies increased by $8 to end the week at $9,945. From the USG, Handies were fixed to the Med in the mid $10,000s and in the low/mid $10,000s for a trip ex ECSA to the Med/Black Sea area. From the Cont a trip is a touch under $10,000 for NCSA destination.
In the East, Supras were fixed around $13,500 for dop China via Indonesia redel Far East. Supras open China were fixed around $8,500 for trips via Indonesia to East Coast India. The Aussie round was fixed a t o u c h b e l o w $ 1 0 , 0 0 0 . On period, modern Supras were taken in the Far East for 4/6 months around $15,000 with redelivery worldwide.
Source: Barry Rogliano Salles
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Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...
Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...
Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...
Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy
The Atlantic market kept its strong position from last week. Even with fewer fixtures reported. Fronthauls still around 25k, wit ...
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Showing 4991 to 4995 news of total 6871 |
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- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- White Energy Company Limited
- SMC Global Power, Philippines
- PTC India Limited - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Australian Coal Association
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