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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, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Planning Commission, India
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
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