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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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Thursday, 09 July 15
LACK OF FRESH BUSINESS IN THE PACIFIC LEFT CAPESIZE RATES MOVING SIDEWAYS - INTERMODAL
COALspot.com: Intermodal ship broker says in its weekly report that, a different picture from what we saw the previous week was painted during the ...


Wednesday, 08 July 15
RIO TINTO'S MODERNISED KITIMAT SMELTER BEGINS PRODUCTION; KITIMAT BECOMING ONE OF THE LOWEST COST SMELTERS IN THE WORLD
COALspot.com: Rio Tinto is preparing its first shipments of metal from its world-class Kitimat aluminium smelter in Canada following an extensive m ...


Wednesday, 08 July 15
Q3'15 INDONESIA COAL SWAP DECLINED 3.14% MONTH OVER MONTH
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and week over week, this past week. The Q3 swap was declined $ ...


Tuesday, 07 July 15
FOB RICHARDS BAY COAL SWAPS DECLINED WEEK OVER WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week. The Q3 swap was down US$ ...


Tuesday, 07 July 15
FOB NEWCASTLE COAL SWAP ADVANCED MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 0.28 per MT (-0.61%) month over month to US$ 45.85 per mt. The swap wa ...


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