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Tuesday, 28 February 17
PORT OF NEWCASTLE SHIPPED 17.39% LESS COAL IN JANUARY; TRADE VALUE UP 11.87% M/M
 COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,625.6 Million worth of 13.169 million tons of Power plant coal and coking coal for the month ended January 2017. The average selling price for month January 2017 was around $AU 123.43 (approximately US$ 94.74*) per ton, rose approximately 35.42 percent from December 2016 average selling price of $AU 91.14 per ton.
Port has shipped 17.39 percent less coal in January 2017 compared to its December 2016 loading of 15.943 million tons.
$AU 1,625.6 million trade value of coal shipped in January 2017 compared to $AU 1,453.1 million in December 2016.
According to operation report posted on port’s website, as of 31 January 2017, the port has served 148 (down 19.12% month on month) ocean-going vessels in January 2017.
The port’s report further noted that the Port of Newcastle has shipped coal to Australia, China, India, Japan, Korea, Malaysia, Mexico, New Caledonia & Taiwan in the month of January 2017.
Anglo, Peabody, Rio Tinto and Xstrata are some of the larger coal exporters to ship coal from Newcastle port.
About Port of Newcastle
The Port of Newcastle is the largest bulk shipping port on the east coast of Australia and the world’s leading coal export port. On 30 May 2014, Port of Newcastle Investments (trading as Port of Newcastle) commenced a 98-year lease of the Port of Newcastle with the New South Wales Government.
According to company’s website, the principal trade at the Port of Newcastle is coal. Non-coal commodities traded through the port include grain, steel, project cargo, vegetable oils, fuels, orange juice concentrate and containers destined for local business.
The principal trade at the Port of Newcastle is coal. Utilizing its expertise in coal supply chain logistics, the Port of Newcastle is also one of the most diverse ports in Australia. Source: Port of Newcastle Monthly Trade Report – December 2016 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
Source: Port of Newcastle Monthly Trade Report – January 2017 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
* as per Australian Dollar to US Dollar exchange rate as on 28 February 2017. Source: http://www.xe.com
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Wednesday, 08 February 17
MARKET INSIGHT - PANOS MAKRINOS
The challenges the oil market has witnessed since the end of 2014 has resulted in a crisis for the global offshore oil and gas exploration industry ...
Tuesday, 07 February 17
WE ARE STILL RIDING ON A WAVE OF MARKET IMPROVEMENT, WITH THE GLOBAL TRADE OF MOST COMMODITIES STILL SHOWING SIGNS OF IMPROVING GROWTH - GEORGE LAZARIDIS
The end of 2016 came with a rejuvenated sentiment amongst most traders and investors, in part through the sigh of relief that 2016 was finally comi ...
Monday, 06 February 17
AFTER MONTHS OF GAINS, THE INDONESIAN GOVERNMENT DECLARED MONTHLY COAL BENCHMARK PRICE IS STEADILY DROPPING
COALspot.com: Over the past two months, the HBA of Indonesian thermal coal has dropped around 18.06 percent. It sank to $ 83.32 per ton for Februar ...
Monday, 06 February 17
THE FREIGHT MARKET CONTINUED ITS DOWNFALL IN ALL SEGMENTS
COALspot.com: Due to Lunar year holidays and celebration, the Freight market was declined in all segments week ending 27 January. The fall was cont ...
Friday, 03 February 17
KOMIPO INVITES BIDS FOR 1.13 MILLION TONS OF BITUMINOUS COAL FOR Q2' 17
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 1,130,000 Metric Tons of Bituminous coal f ...
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- Indian Energy Exchange, India
- Heidelberg Cement - Germany
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- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
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- Electricity Authority, New Zealand
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- Australian Coal Association
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- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Indonesian Coal Mining Association
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- White Energy Company Limited
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- Alfred C Toepfer International GmbH - Germany
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- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
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- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
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- Parliament of New Zealand
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