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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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Tuesday, 06 September 16
CAPESIZE: THE PACIFIC BASIN WAS THE MAIN REGION KEEPING UP WITH THE POSITIVE SUPPORT - ALLIED
Capesize Despite some mixed feelings being seen early on in the week, we managed to see a positive week-on-week close on Friday with some positiv ...


Monday, 05 September 16
INDIA BECAME ADARO'S SECOND LARGEST MARKET IN 1H' 16
COALspot.com: The Wara Balangan blend product has been well received by customers in China and India - AI In the second quarter of 2 ...


Monday, 05 September 16
POOR FREIGHT RATES DESPITE STRONG DEMAND GROWTH FROM CHINA - BIMCO
Demand The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing ...


Monday, 05 September 16
FREIGHT RATE FROM INDONESIA TO INDIA IS EXPECTED TO BE FLAT TO SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week except ...


Friday, 02 September 16
EIA FORECASTS U.S. COAL EXPORTS TO DECLINE BY 19 MMST IN 2016 TO 55 MMST
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.3  million sho ...


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