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Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR


COALspot.com - The market continued to move up with all sectors gaining except for handy size.

The BDI was up by 3.26 pct and closed at 1895 points. The cape index was up only by 0.27 pct and closed at 3235 points. The panama and Supramax was up by about 4 pct closing at 1831 points and 1381 points respectively. The handy size index was down by 2.07 pct and closed at 661 points.

The markets expected to be firm/steady next week. 

Supramax delivery N. China for trips via Indonesia were reported around US$ 9,000 per day.  Short Period charter rates for Panamax reported at around US$ 12,500-13,000 per day and Supramax around US$ 12,000 per day.

The average charter rates was at Cape/US$ 28,340 per day , Panamax/US$ 14,635 per day , Supramax/US$ 14,438 per day and Handy size/US$ 9,388 per day.

The Supramax index in the feast (S6 route) was up by 9.85 pct and closed at US$ 8,405 per day (last week US$ 8,323 per day). The EC India/China (S7 route) was up by 12.83 pct and closed at US$ 7,415 per day (last week US$ 7,321 per day). The S6 and S7 route likely to remain steady/firm next week.
 
The futures for three years (2011-2013) was at around Cape/US$ 15,500 per day, Panamax/US$ 13,000 per day, Supramax/US$ 13,000 per day , Handy size/US$ 10,500 per day.

The congestion in EC Australia decreased to 87 vessels this week (last week 80 vessels). The vessels waiting at main coal loading ports were at Hay point/2, DBCT/13, Gladstone/16, Abbot Point/1, New Castle/47, Port Kembla/8 vessels. On the WC Australia iron ore vessels waiting was at 23 vessels  (last week 47 vessels).

The Brent crude oil prices was down by 5.67 pct and closed at US$ 107.61  per barrel (last week US$ 114.08 per barrel).  Bunker prices softened and closed at US$ 683.50 pmt (last week US$ 709.50 pmt) for IFO 380 cst ex Singapore on 18th Nov 2011.

Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)



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Thursday, 20 October 11
BRACKEN INTERNATIONAL MINING LISTS ON FRANKFURT STOCK EXCHANGE
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Thursday, 20 October 11
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Wednesday, 19 October 11
METALLURGICAL COAL PRICES TO DROP BELOW US$240/TONNE - WOOD MACKENZIE
Wood Mackenzie Says Metallurgical Coal Prices to Drop Below US$240/tonne by Q4 2012 But Long-term Demand Fundamentals Remain Robust Wood Mackenzi ...


Wednesday, 19 October 11
SUPRAMAX MARKET WAS VERY FIRM LAST WEEK - BRS
With all sectors contributing positively, the BDI ended the week at 2,173 points (+8.6%), its highest level so far in 2011. The BCI stood at 3,587 ( ...


Wednesday, 19 October 11
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Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...


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