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Wednesday, 29 October 14
GOOD REASON WHY Q4 CAPESIZE OUTLOOK WAS SO BULLISH AT START OF THE YEAR - COMMODORE RESEARCH
COALspot.com: There was good reason why so many analysts' capesize outlook for Q4 was so very strong at the start of this year. Brazilian iron ore exports had been set to jump in Q4. Q4 fundamentals have not changed, but lately it seems some analysts have simply forgotten why they were so very bullish for Q4 and are unaware of what is now taking place in the market.
According to Jeffrey Landsberg, Managing Director of Commodore Research & Consultancy, during the last week and a half, a very large amount of capesize vessels have been chartered in the dry bulk market to export Brazilian iron ore cargoes. In addition, Vale reported record iron ore production for Q3 and is expected to produce and export much more iron ore in Q4. Anglo American is now also exporting iron ore from its Minas Rio mine in Brazil.
Commodore Research & Consultancy, further said, the capesize Atlantic basin is now very tight (which has lead to great strength in rates) and will become much tighter. This is the reason why Q4 was expected to be so strong. It is important to recognize that Q4 fundamentals have not changed. Strength is coming about a month later than many expected, but two important factors remain: Chinese iron ore imports remain incredibly strong; and Brazilian iron ore production and exports are poised to rise to much higher levels through the end of this year.
Overall, there was good reason why many analysts' outlook for Q4 were so strong earlier this year. Capesize rates are now finding great strength for good reason, and are likely to see much higher levels this year. The fundamentals for Q4 are shaping out as anticipated. Brazilian iron ore exports are poised to jump much further, and capesize Atlantic basin availability is already very tight, Commodore Research & Consultancy concluded.
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Tuesday, 21 October 14
INDIA'S DIESEL DEREGULATION POSITIVE FOR OIL COMPANIES - FITCH
The Indian government's 18 October decision to deregulate diesel prices will have a positive effect on the national oil marketing companies tha ...
Tuesday, 21 October 14
LOW DEMAND PUTTING COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost on day, week and month.
The swap has lost US$ 1.57 (-3.04%) month on month ...
Monday, 20 October 14
CHINA'S ENVIRONMENTAL POLICIES DO NOT SPELL THE END FOR COAL - WOOD MACKENZIE
China's environmental policies do not spell the end for coal Analysis across energy commodities show coal still accounting for 64% of power mix ...
Monday, 20 October 14
CFR SOUTH CHINA COAL SWAPS FAILED TO PERFORM POSITIVE
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 3.04 (-4.57%) month over month and US$ 1.75 (-2.68%) week o ...
Sunday, 19 October 14
LOW DEMAND PUSHES DOWN COAL FREIGHT RATES; VOLATILITY CONTINUES
COALspot.com: This week all the segments softened including BDI except for Panamax index.
The BDI was down by1.70 pct and clsoed at 944 points ...
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- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- White Energy Company Limited
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Australian Coal Association
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
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