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Monday, 09 January 17
FFA SUPRAMAX: Q1 AND Q2 TRADING UP TO $7100 WHILE CAL17 PRINTED $7250 - FIS
Capesize
Sentiment has swung quickly on capes and although there appears to be a very short list for open tonnage in the Atlantic Feb dates appear to be dragging heavily on the indices, Freight Investor Services said in its FFA market report recently.
According to FIS, both paper and the physical saw significant discounting early in the day (6 Jan) although paper rates stabilized and ended the week on a quiet note as it appeared much of the negativity had been priced in earlier in the day.
Panamax
“ Despite some really resistance we continued to push up today (6 Jan) on Panamax paper as the firmer ATL market continues to fuel optimism”, said FIS. According to FIS, sellers thinned out post index and buyers were left to chase an thin offer side resulting in a sluggish close to an active first week of 2017. The tone remains upbeat.
Supramax
Commenting on Supramax FFA market, Freight Investor Services says, after a fairly static start on Supramax paper we saw some renewed support return post index nudging prompts up a tick and pulling back most of last night’s losses.
“ We saw Q1 and Q2 trading up to $7100 while cal17 printed $7250 before sellers thinned out seeingly happy to wait for next (the week starting 9 Jan) week”, said FIS.
What is the Forward Freight Agreement (FFA)
Forward Freight Agreements (FFAs) are primarily transacted on a cleared basis and will normally be based on the terms and conditions of the FFABA standard contracts as adapted by the various clearing houses.
The main terms of an agreement cover:
(a) The agreed route.
(b) The day, month and year of settlement.
(c) Contract size.
(d) The contract rate at which differences will be settled.
Commissions are agreed between principal and broker. The broker, acting as intermediary only, is not responsible for the performance of the contract - Baltic Exchange
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Monday, 30 January 17
DUE TO LUNAR YEAR HOLIDAYS, THE FREIGHT MARKET STAYED WEAK
COALspot.com: Due to Lunar year holidays and celebration, the Freight market was down in all segments this past week.
The Baltic Exchange, tra ...
Friday, 27 January 17
U.S WEEKLY COAL OUTPUT RISES FOR THIRD STRAIGHT WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...
Wednesday, 25 January 17
MARKET INSIGHT - KONSTANTINOS KAKAVITSAS
Remember that old but classic song called “Destination Unknown”? Well that is where the oil market is heading right now. The song made ...
Tuesday, 24 January 17
MARKET UPDATE - ALLIED
This week at the World Economic Forum in the Swiss resort of Davos we had a historic first via the attendance and speech given by China’s pre ...
Monday, 23 January 17
THE PORT OF NEWCASTLE SHIPPED $AU 15.279 BILLION WORTH OF 161.399 MILLION TONS OF COAL IN 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,453.1 M ...
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- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- The University of Queensland
- Parliament of New Zealand
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
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