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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 president Xi Jinping. By the very fact that China’s leader choose to attend this year event and taking from the underlining theme presented by his speech, it is now more clear than ever that the world’s focus has been set on the future course that global trade will take from here on out.
His message was clear, “No one will emerge as a winner in a trade war”, while also pointing out his commitment that China would “keep its door wide open”. Of course these comments where carefully and tactfully made to reinforce the view of China’s leading role in trade and further enhance its image as “standing tall” and playing its responsible part on the world stage. This position is in line with what many in the shipping industry would approve of, given that shipping (especially trade sectors such as that of dry bulk and tankers) is highly dependent on the business that the world’s largest economy in Asia and one of the largest in the world generates every year, said George Lazaridis Head of Market Research & Asset Valuations of Allied shipping in his weekly report.
According to George Lazaridis for many years now the industry has become highly reliant on China for both its import requirements and large volume of exports. With its key position as the biggest importer of dry bulk commodities in the world and by a big margin, its appetite in any given month dictates the course the freight market takes. A slowdown in import requirements is felt swiftly in terms of rates and by this regard it is by no surprise that for more than a decade now the market shows bigger demand slumps during holydays in the Far East (such as the Chinese New Year) rather than from holidays in the West (such as Christmas and New Year).
He further noted that, the industrial powerhouse keeps trade moving and though the West may well be threatening to change this status quo in the words spoken by its politicians, it seems as though any such move would be to the benefit of no one. A war on trade openness would be the last thing we need right now, as its consequence could easily trigger a slump in markets across the world as each nation takes retaliatory steps. That’s not to say that trade is working fine as it is now, as we wouldn’t have such an increase in discontent noted in the U.S., Europe as well as in other parts of the world.
The focus however needs to be prioritized on the key industries where the West still holds a competitive advantage rather than paying out pointless subsidies, putting up trade barriers and increasing import regulations in order to “beef up” parts of its economy which are not viable both in terms of cost and productivity. At the same time we need to see less FOREX manipulation as well as less government involvement in the emerging economies so as to make for a more level and fair playing field, said George Lazaridis Head of Market Research & Asset Valuations of Allied shipping in his weekly report.
The next political moves to be made by the new president in the U.S. as well as by political leaders in Europe and the Chinese president will be the point to watch now. Many hope that a lot of the talking and comments that have been made in the past 12 months are no more than “hot air” and “crowd pleasing” strategies, however a number of international firms (mostly from within the automotive industry) have already started to take note and already lining up to offer their commitment to moving production facilities closer to the consumer. If these measures are taken too far, the economic pain will not only be felt by consumers and producers but inevitably by governments themselves, George Lazaridis concluded in its latest report.
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Monday, 31 October 16
INDONESIAN 5000 GAR COAL ROSE 5.56% WEEK OVER WEEK - CS COAL INDEX
COALspot.com: The price for thermal coal has recovered substantially since April 2016. The China’s new policy on its domestic coal miners, th ...
Friday, 28 October 16
STEAM COAL IMPORTS: CHINA AND INDIA'S ROLE REVERSALS - BEN TRIMMEL
While a sharp decline in European imports is a key driver of the expected fall in steam coal trade this year, China and India remain leading actors ...
Friday, 28 October 16
U.S. WEEKLY COAL OUTPUT ROSE DURING THE WEEK ENDING OCTOBER 22 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 27 October 16
73.08 PERCENT OF COAL PRODUCERS PREDICTED INDIA WILL NOT STOP COAL IMPORTS IN 2 TO 3 YEARS - POLL
COALspot released its weekly opinion poll "How likely do you think India will STOP thermal coal imports in 2-3 years?" this Monday.
...
Thursday, 27 October 16
PANAMAX: FIRM ATLANTIC; TOPPISH PACIFIC - FEARNLEYS
Supramax
The trend from last week is passed on. ECSA still strong with Supras from N Brazil to Med fixed at $9,000 to $9,500 daily.
Accordin ...
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- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
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