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Friday, 04 December 15
MINING OUTLOOK WEAKENS FURTHER ON FALLING CHINESE DEMAND - FITCH
 COALspot.com: Fitch Ratings' outlook for the global mining sector in 2016 is firmly negative, reflecting our view that Chinese demand will continue to weaken in the coming year and that commodities will remain deeply unpopular with investors.
According to Fitch, the slowdown in Chinese demand has already created substantial oversupply in some commodities, including iron ore and aluminium, and we expect this trend to continue in 2016 as the Chinese economy undergoes a gradual deleveraging and transition from investment to consumer-led growth. Average prices for these two commodities are therefore likely to be lower in 2016, as are prices for copper and zinc. Nickel could prove an exception to the trend, due to mine closures and falling Chinese nickel pig iron production, but this is far from certain.
Most mining companies now have weak credit profiles for their current rating, and this is reflected in the fact that most large international mining companies are on Negative Outlook or Rating Watch Negative.
" We expect companies to continue to focus on cost control and short-term liquidity management in 2016. But they will find it harder to use cost cuts to aid debt reduction because the falling diesel prices and beneficial exchange rate moves that helped them in 2015 are unlikely to be repeated. Big reductions in capex budgets are similarly largely complete' Says Fitch.
"This means more mining companies are likely to come under increasing pressure to cut their dividends to boost free cash flow in 2016 following relatively modest reductions in shareholder returns so far, Fitch concluded.
For more information on our expectations for the sector, see the report "2016 Outlook: Global Mining" available at www.fitchratings.com
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Tuesday, 05 January 16
THE SHIPPING MARKET IN 2015 AND LOOKING FORWARD - BIMCO
Global economy: menacing clouds in the sky cast a shadow on global economic developments 2015 never really took off, even though the global economi ...
Tuesday, 05 January 16
4200 GAR COAL INDEX FALL TOWARD $27;SLIPPED 28.05% YEAR-TO-DATE
COALspot.com: Average 5000 GAR coal index has not moved in the past week, averaging $40.12 per ton on last Thursday, according to CS (i) Coal Index ...
Monday, 04 January 16
CFR SOUTH CHINA COAL SWAP REMAIN FLAT OVER CHRISTMAS & NEW YEAR HOLIDAYS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery rose US$ 0.68 (1.64%) per ton month over month.
A commodity swap is ...
Friday, 01 January 16
FOB INDONESIA COAL SWAP FOR Q1'16 DELIVERY CLOSED AT $36.75 PER TON
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month on month but flat week over week.
According to AsiaClear OTC coal swap' ...
Thursday, 31 December 15
COAL PRICES FELL ON WEAK DEMAND
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap decline month over month and slightly up week over week.
The Q1’ 2016 ...
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Showing 2626 to 2630 news of total 6871 |
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- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- White Energy Company Limited
- VISA Power Limited - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
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