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Monday, 14 September 15
MOODY'S LOWERS COMMODITY PRICE ASSUMPTIONS ON MACRO, INDUSTRY FACTORS
 COALspot.com: Moody's Investors Service has lowered its base metal price assumptions for 2015-17 as slowing growth in China, lower oil prices, overcapacity in the global steel markets and the strong dollar are driving commodities prices close to the lows of the 2008-09 financial crisis.
"Slowing growth in China, one of the largest global consumers of base metals, is a key driver in the lowering of our commodities price assumptions," says Carol Cowan, a Moody's Senior Vice President. "But the weak economy in Europe, negative GDP growth in major economies such as Brazil and slowing US growth were also contributing factors."
Moody's notes that the stronger US dollar will increase the cost of metal purchases, which could cause demand, and subsequently prices, to decline, according to the report "Moody's Lowers Commodity Price Assumptions."
While the rating agency has lowered its base price assumptions for gold, high-quality metallurgical coal, Newcastle thermal coal, aluminum, copper, nickel and zinc, the supply/demand dynamics for each metal differ.
Moody's expects that global macro and industry-specific conditions will remain challenging in 2016, but that production cutbacks and a better balance between supply and demand will lead to modest improvement in 2017.
Source: Moody’s
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Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
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