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Monday, 19 September 16
AFTER YEARS OF COMA, COAL BECOMES THE MOST ATTRACTIVE COMMODITY RIGHT NOW
Coal ExcavatorCOALspot.com: China boosted coal imports in recent months. The Chinese government’s drive to cut over capacity pushed up the demand for thermal coal particularly for Indonesian coal. Chinese coal importers were importing more coal from Indonesia and the inquiries for Q4 deliveries were seen in the market.

A coal miner in Indonesia who is familiar with coal exports to China and India says coal Inquiries from Chinese buyers were quite high compared from India. Several coal buyers from China were looking for coal for October loading and their bidding prices quite attractive compared to Indian buyer's bids.

The miner further noted that, 3800 NAR coal being offered at around US$ 34 - 35 per ton FOB vessel for October loading while 4700 NAR coal being quoted at around US$ 52 - 53 per ton FOB vessel for the same period.

Presently Inquiries from India were quite low, however, we expect India will be in the market soon, says the same miner.

Indonesian miners were not increasing coal output instead of coal price rallies since early April 2016. According to the miners, it is too early to review coal output from its original plan as coal prices were increasing because of Chinese government regulation on coal mines working days.

Indonesia's coal out in 2016 is expected to lower than last year's output while the domestic consumption has been increased compared to last year consumption.


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Thursday, 15 September 16
CAPESIZE: LAST WEEK ENDED ON A VERY STRONG NOTE MAINLY DRIVEN BY A ACTIVE BRAZIL MARKET - FEARNLYS
Supramax With holidays in the eastern hemisphere beginning this week, the sentiment and activity level has been decreasing. In the Pacific, ...


Wednesday, 14 September 16
THE DRY BULK MARKET REACHED LEVELS LAST SEEN BACK IN 2015 - INTERMODAL
In an earlier column we commented that we are undergoing “shipping’s new (ab)normal” with constrained financing, shift in demand ...


Wednesday, 14 September 16
THE PORT OF NEWCASTLE SHIPPED 12.48 MMT OF COAL IN AUGUST; AVERAGE SELLING PRICE WAS $AU 83.33
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU $1,040.4 ...


Tuesday, 13 September 16
CAPESIZE: BIG STRENGTH SEEN IN THE MARKET THIS WEEK - ALLIED
Capesize - Big strength seen in the market this week, with an upbeat in sentiment amongst owners helping pull up rates fairly quickly and many hold ...


Monday, 12 September 16
THE CAPE MARKET HAS GAINS ON WEEK; THE CAPE INDEX SETTLING AT 1566 POINTS ON FRIDAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...


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