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Friday, 31 July 15
CAPE'S PAPER MARKET REMAINS FIRM - INTERMODAL
intermodal logoCOALspot.com: The positive sentiment that the Dry Bulk market has been enjoying as of the previous month, was carried through last week as well, but despite the fact that the BDI managed to move closer to 1,100 points, a level last approached in December 2014, there was a strong sense towards the end of the week that the market was running on less steam, says Intermodal.

According to the Greece based  broker Intermodal, at the same time, a mixed picture across the different size segments was additionally placing a limit on expectations for the market moving another substantial leg up, something that should be more clear during this week. On the negative side, with the performance of the Chinese stock market still being bearish for commodities demand and with China having already added more than 3 million metric tonnes to its iron ore stockpiles in July, it will definitely be interesting to see how long can this restocking be extended for.

The broker further noted that, the Capesize enquiry was particularly strong during the first half of the week, but things started to slow down in the Pacific just before the weekend. The paper market remains firm, while this week has also kicked off on a substantially positive tone for the segment.

Commenting on Panamax, the broker says that, the Panamax market kept rising last week, however fresh business volumes took a hit just before Friday with rates trending sideways. Ample business out of East Coast South America remained the main force supporting rates.

Fresh enquiry out of the Atlantic resumed last week for the Handy/Handymax/Supramax market, helping rates to hold around last dones, while numbers in the Pacific were a bit off for Handysize business compared to the week prior.


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Wednesday, 12 August 15
FOB NEWCASTLE COAL SWAP FLAT WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 0.98 per MT (-2.20%) month over month to US$ 43.65 per mt. The swap ...


Tuesday, 11 August 15
GLOBAL PRODUCTION OF CRUDE STEEL REACHED A NEW ALL-TIME HIGH OF 1,661M TONNES IN 2014 - VDKI
COALpot.com: Global production of crude steel reached a new all-time high of 1,661m tonnes in 2014, said German Coal Importer Association, in its l ...


Tuesday, 11 August 15
2016 CFR S.CHINA COAL SWAPS CLOSED SLIGHTLY HIGHER THAN 4Q 2015 CLOSING PRICES; BUT NOT SIGNIFICANT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 10 (0.20%) per MT month over month. A commodi ...


Monday, 10 August 15
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COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 560,000 Metric Tons (MT) of 4,600kcal/kg NAR c ...


Sunday, 09 August 15
THE PANAMAX MARKET HAS REMAINED WEAK THIS WEEK
COALspot.com: The freight market continued to be buoyant with cape index pushing the BDI. The BDI was up 10.49% and closed at 1200 points on 7 ...


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