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Tuesday, 05 May 15
FREIGHT DERIVATIVE VOLUMES REACHED TOTALED 14,154 CONTRACTS IN APRIL - SGX
 COALspot.com: “Our unique suite of freight and bulk commodity products provides market participants with a wide range of trading strategies and risk management solutions”, SGX says in its April 2015 monthly freight report.
According to SGX, its freight derivative volumes reached totaled 14,154 contracts in April (up 700% y/y), while open interest averaged reached a record 32,218 contracts during the month, almost doubling since the start of the year.
“ The Baltic Dry Index fell 2% in April with mixed performance by underlying vessel class. Capesize and Panamax rates rose 19% and 10% respectively supported by a seasonal improvement in demand, while Supramax and Handysize rates fell 13% and 4%, respectively. Freight rate volatility reached an almost two-year low,” SGX report says.
SGX’s monthly freight report further noted that, while seasonality has provided some support for larger vessels, rates in general remain muted as rising demand and growing vessel demolitions have yet to offset vessel oversupply. Looking forward, numerous unknowns plague the Cape size market. With uncertainty over where supply cuts will come next, the playing field remains wide open on who stays and who goes in the iron ore market, which in turn may have significant implications for freight rates.
Freight rates were uncharacteristically stable during the month, with volatility at its lowest level in almost two years, says SGX.
SGX’s monthly freight report further noted, the April forward curves closed pricing in a relatively robust recovery for Cape size rates over the coming months, while expectations for other vessel classes remain more muted.
While a seasonal improvement in demand provided some support for larger vessels, freight rates in general remain near multi-decade lows, says SGX.
Commenting on Iron ore SGX says, across key dry bulk commodities, iron ore stockpiles closed the month at 97Mt (3% lower than the end of March), and prices rose 10% amidst higher Chinese steel output, mill restocking and improvement sentiment in the Chinese property market.
In thermal coal, inventory at Chinese ports reduced slightly in April closing the month at below 31Mt. Absolute stock levels remain high, and with domestic prices continuing to decline there have been few signs supporting a near-term resurgence in imports, says SGX on Thermal coal.
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Wednesday, 25 March 15
MARKET INSIGHT: TANKER CHARTERING - KATERINA RESTIS
The 1st of January 2015, as broadly reported, denoted the beginning date of new and progressive emission regulations for vessels operating within t ...
Wednesday, 25 March 15
AUSTRALIA SET TO ONCE AGAIN BE THE WORLD'S LARGEST COAL EXPORTER - COAL, MINERALS COUNCIL OF AUSTRALIA
Greg Evans, Executive Director - Coal, Minerals Council of Australia
Media Release: The latest Resources and Energy Quarterly published by the ...
Wednesday, 25 March 15
AUSTRALIA UPSTREAM ENERGY FIRMS FACE RISING OIL PRICE EXPOSURE - FITCH
Fitch Ratings says the Australian oil and gas companies involved in exploration and production face higher exposure to oil price-linked revenues, w ...
Wednesday, 25 March 15
2014 : UK COAL IMPORTS DECLINED 17%; GERMANY COAL IMPORTS UP 6%
Hard Coal Market 2014: Despite The Energy Turnaround, Hard Coal Imports To Germany Rise By More Than 6%, Although Hard Coal-Fired Power Generation ...
Tuesday, 24 March 15
A WEAK WEEK FOR FOB INDONESIA COAL SWAP
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 drop month on month and week over week.
The Q2 swap fell US$ 2.48 (5.12%) month ...
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- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- The University of Queensland
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- White Energy Company Limited
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
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