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Thursday, 17 November 16
FROTHY THERMAL COAL PRICES POINT TO DOWNSIDE PRESSURES IN 2017 - FITCH
 Fitch Ratings says in an Outlook Report that the Asian thermal coal industry will remain under pressure in 2017 due to more-than-adequate capacity and price adjustments that are likely to be downward. The strong pricing rebound since early 2016 is unlikely to be sustained as the Chinese government relaxes its working-day curtailment policies to manage prices.
According to Fitch, supply-demand dynamics remain on soft ground, as China eliminated only 152 million tonnes of excess capacity in 8M16, compared with 600 million tonnes of capacity seeking production approval and another 800 million tonnes under construction. Meanwhile, India is ramping up domestic supply aggressively to enhance energy security and reduce current account deficits, while domestic demand growth has been lacklustre.
Fitch further said, the Chinese government has relaxed its supply controls since September to prevent runaway coal prices from delaying capacity rationalisation. Recent policies reveal Beijing's wish to keep the 5,500kcal/kg coal prices below CNY460/tonne, versus CNY607/tonne as of end-October. Fitch believes the government has ample measures to curb prices, given sufficient capacity to serve stagnant demand. The depreciation of the Chinese yuan against the US dollar can also have a negative effect on import demand and seaborne prices in dollar terms.
Fitch says, Indonesian coal producers focusing on the export market are likely to suffer the most as their largest buyer - India - experiences weak thermal power generation, curbs coal imports, and increases utilisation of higher-rank Australian and South African coal.
The recent appreciation in thermal coal prices will prop up the operating cash generation of Asian coal producers; however, the price outlook remains uncertain and challenging, Fitch concluded.
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Tuesday, 25 April 17
SHIPPING MARKET - ALLIED
Over the weekend we witnessed a second win over the rising populism that has become present in global politics since last summer, Allied shipping s ...
Monday, 24 April 17
THE FREIGHT MARKET WAS DOWN WEEK OVER WEEK EXCEPT FOR HANDYSIZE SEGMENT
COALspot.com: The Freight market was fell, week over a week as all segments show a negative downward trend except Handy Size segment this past week ...
Friday, 21 April 17
US WEEKLY COAL OUTPUT ON THE UP, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 20 April 17
SHIPPING POOLS: DON'T JUST DIVE IN - MOORE STEPHENS
Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertai ...
Thursday, 20 April 17
THE DRY BULK MARKET IS STILL ON ITS UPWARD MOMENTUM - ALLIED SHIPPING
Having gone through the first quarter of the year and with the Easter break having no come and gone, it seems as though the dry bulk market is stil ...
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- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Australian Coal Association
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
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