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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
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