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Thursday, 05 February 15
BDI HAS NOW FALLEN A LEVEL CLOSE TO THE INDEX'S HISTORIC LOW - INTERMODAL
They say a picture is worth a thousand words and in this instance just one look at the tables above is enough to understand the great pressure the Dry Bulk market remains under, Intermodal commented their weekly market review.
The BDI has now fallen to below 600 points, a level close to the index's historic low and one that leaves very little hope that the market could witness a significant rebound before the end of the first quarter. Intermodal further noted that, in regards to the following weeks we expect further down-ward pressure as owners ballasting in the East will most probably accept further discounts in order to “avoid” fixing in an even quieter market during the Chinese New Year holidays season.
The Greece based broker Intermodal noted that, rates for Capes succumbed to the pressure that started building up at the end of the week prior and quickly gave up a significant portion of the recently upside gained. Enquiry in both the Atlantic and Pacific remains very quiet while market talk that there are signs of the majors slowly returning back into action have not been confirmed so far.
Both rates and activity continue to soften in the Panamax segment as well. NoPac rounds were still very short in supply at the end of last week, while more frequent cargoes to India were providing some support to rates in the region. The Atlantic Panamax has at the same time seen numbers well be-low $ 4,000/day with further discounts being noted in the period market as well.
Atlantic Handy/Handy max/Supra business is still facing very low rates with light activity persisting for yet another week, while the market in the Far East is currently paying slightly better numbers, although we don’t expect the resistance there to hold much further, Intermodal concluded.
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Tuesday, 10 February 15
IRON ORE MARKET TO REMAIN OVERSUPPLIED IN 2015: PRICE FORECAST $70/T - WOOD MACKENZIE
COALspot.com: With January witnessing the price of iron ore falling to its lowest levels since May 2009, Roger Emslie, Principal Metals & ...
Tuesday, 10 February 15
SUB-BIT FOB INDONESIA COAL SWAP ADVANCES 3.79% WEEK ON WEEK
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 rose week over week and month on month.
The Q2 swap up US$ 0.85 (+1.81%) month o ...
Tuesday, 10 February 15
FOB NEWCASTLE COAL SWAPS SURGE WEEK OVER WEEK, RAISING HOPES?
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery rose US$ 0.95 per MT (+1.91%) week over week and declined US$ 0.06 (-0.12%) ...
Monday, 09 February 15
AUSTRALIAN COAL PRODUCERS BEST POSITIONED IN OVERSUPPLIED MARKET; US MINES MOST AT RISK - WOOD MACKENZIE
In a 2015 global coal outlook report, Wood Mackenzie says that Australia and Indonesian coal suppliers will see some upside in the difficult months ...
Monday, 09 February 15
FOB RICHARDS BAY COAL SWAP GAINS 3.65% TO ONE-MONTH HIGH
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month and day on day.
The Q2 swap has soared US$ 2.1 ...
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- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Australian Coal Association
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