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Thursday, 08 October 15
CAPESIZE: MOST PEOPLE AGREE A SPIKE IN RATES WILL HAPPEN; WHEN, HOW LONG AND HOW SUBSTANTIAL? - FEARNLEYS
Cape
Depressives start of the fourth quarter, with c3 approaching USD 12 pmt and c5 presently in the mind 5's. According to Fearnleys ship broker, there is still hope rates will improve when the Chinese are back from holidays, although it seems unlikely given the drop in rates on the last date of the break.
The Fearnleys weekly report indicated that, period rates have been under pressure accordingly, and owners with the period tonnage tend to fix their ships for shorter duration voyages whilst awaiting better rates; most people agree a spike in rates will happen, the question is when, how long it will last and how substantial the improvement in rates will be.
Panamax
While commenting on Panamax, the broker noted that, despite the Chinese being off most of the week, the market is holding surprisingly well in both hemispheres. Expectations for Q4 in general and for USG in particular have contributed to Owners upping rates for trips out. 12800 + 280 was done from USG early week.
The report further said that, Transatlantic activity is bit reduced and not showing the same strength. However, Owners are able to secure a tick better levels, up to around 5-6 K. Pacific activity is limited, but some stronger fixtures are being reported; above 7,000 for Aussies rounds and above 8,000 for trips to India. The forward curve is moving sideways with a clear backwardation for Q1. Period activity also a bit subdued with levels in the 7's for short medium duration.
Handy
Chinese Golden Week has had a market effect on the activity levels this past week. In the Far East, rates are still flat and below the index, giving little reason for a paper rally. In the Atlantic the story is the same. Most players are hoping things pick up once China is back, that next week's Coaltrans is over, The lack of activity and mismatch between the paper and physical market has slowed period fixing, Only a couple of fixed price deals have been rumoured, said Fearnleys in its latest weekly report.
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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
SOUTH KOREAN UTILITY KOMIPO INVITES BITUMINOUS COAL BIDS FOR BORYEONG POWER PLANT
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 ...
Friday, 07 August 15
COAL PRICE DEVELOPMENTS CAN ONLY BE DESCRIBED, SUCCINCTLY AS "OVERSUPPLY MEETS SUBDUED DEMAND" - VDKI
Coal Outlook 2015 – International
Regarding the outlook for global coal trading, two questions arise: firstly, “ whether the years of ...
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- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
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- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
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- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Metalloyd Limited - United Kingdom
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- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
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- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
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- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
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- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
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- Australian Coal Association
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- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
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- Energy Development Corp, Philippines
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- Manunggal Multi Energi - Indonesia
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- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
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- Parliament of New Zealand
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- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- PTC India Limited - India
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- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
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- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
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