We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 20 August 13
CAPESIZE RATES MORE SENSITIVE TO DEMAND - COMMODORE RESEARCH & CONSULTANCY
 COALspot.com : Approximately 71.50 million tons of iron ore is now stockpiled at Chinese ports, 900,000 tons (-1%) less than a week ago, Commodore Research & Consultancy said in its latest report.
Chinese iron ore port stockpiles have now fallen to their lowest level since May and are 26.6 million tons (-27%) lower than where they stood a year ago. The historically low level of iron ore stockpiled at Chinese ports is very encouraging, and has been a contributing factor behind the strength in demand for imported iron ore cargoes and recent surge in cape size freight rates, said Commodore Research & Consultancy.
Commodore Research & Consultancy further said in its research report, 23 cape size vessels were chartered to haul iron ore in the spot market last week (all of the vessels were chartered to deliver iron ore to Chinese buyers). The last seven weeks have seen an average of 22.5 cape size vessels chartered to haul iron ore, with each week seeing at least 20 cape size vessels chartered to haul iron ore. Prior to the last seven weeks, this year had seen an average of only 15.5 cape size vessels chartered to haul iron ore.
The consistently large amount of cape size vessels being chartered to haul iron ore cargoes (predominantly to Chinese buyers), combined with cape size fleet growth remaining relatively low, has caused spot cape size availability to become much tighter as we have predicted. This tightness helped cape size rates find significant support on Wednesday and Thursday. Going forward, we continue to believe that there will be brief periods where spot availability of cape size vessels will be very tight and will lead to short-term spikes in Cape rates that will exceed $1,000 per day. Much lower cape size fleet growth this year has now allowed the market to re-enter a phase where cape size rates are much more sensitive to changes in cargo volume and spot demand for available cape size vessels, Commodore Research & Consultancy said.
Commodore Research & Consultancy forecasts, rates, of course, will continue to decrease at times, but overall prospects for cape size rates are encouraging.
About Commodore Research & Consultancy
Commodore Research & Consultancy is an independent New York City-based consultancy that focuses on the global demand, supply, and seaborne trade of industrial and agricultural commodities, with a particular focus on China. Commodore Research & Consultancy's analysts handle a wide variety of consulting requests and custom reports. Commodore Research & Consultancy also offers two standard report subscriptions (Dry Bulk Report Subscription and China Report Subscription).
Views expressed herein are personal views of the author and not that of COALspot.com. We welcome article submissions from experts in the areas of coal, mining, shipping, etc. To submit your articles please click here
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
|
|
|
Showing 56 to 60 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- White Energy Company Limited
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
|
| |
| |
|
