We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 12 July 17
COAL HAS CONTINUED A STELLAR RUN OVER THE PAST YEAR GAINING ~10% OVER THE PAST QUARTER AND ~41% OVER THE PAST YEAR - LINOS KOGEVINAS
 Having just passed the second quarter of 2017, it is interesting to take a look at the performance of the commodity market and how certain commodities acted during this time.
It is worth delving further into the S&P’s GSCI course over the past 6 months which exhibited a 10% decrease in the index over the past 6 months. It has been a harsh year for mainly the energy components which are down in the first 2 quarters. Livestock components are fairing very well, Industrial metals are mostly up, precious metals are marginally up and agricultural products are mixed with the glaring exception of sugar which exhibited the largest decrease for the period (~33%).
The oil market has left bullish players nervous after the recent spike on the Brent and WTI indices was quickly reversed over the weekend with respective 5.22% /4.93% decreases. This continues this quarter’s trend closing at about -17% from the end of Q1 and reaching similar levels to a year ago (+1.23% for Brent and -1.16% for the WTI). While the OPEC production cuts agreed upon were mostly abided by for the first 2 quarters, they were countered by increases in production in the States, Brasil and for certain OPEC countries over the past couple of months in addition to Russia’s announced opposition to any future production cuts also add to the oversupply angst. Despite what looked like a strong demand outlook for the near future, the overall weak market conditions further dampen expectations for the long term.
Natural Gas, which has been a growing industry over the past decade and now makes up 6% of the energy index, showed the least decline during the same period at -6.98% (+8.12% year-on-year). This is mostly attributed to increasing US exports and a stable production.
Coal has continued a stellar run over the past year gaining ~10% over the past quarter and ~41% over the past year. This comes even amidst worrying news for the commodity’s future such as Coal India’s closing down of 37 (around 9% of its total capacity) of its mines and their consequent announcement of their intent to focus on renewables. Indias’, and other coal players, efforts to improve energy efficiency are seen. With the plummeting prices for renewable energy coupled with technological and governmental incentives already skewing strategic planning away from proposed investments in the sector, this will likely prove a sore point for coal going forward.
Iron ore closed at $ 64.29 continuing it’s mostly stable course over the past week (+2%). However, even with the recent spike in iron ore prices, the past quarter has not been particularly kind to Iron Ore with losses of about 16% for the period at least partly due to the increases in Australian and Brasilian productions serving to curb the enthusiasm that was prevalent during the start of the year.
To conclude, commodities have had a tumultuous course over the past year. The coming second half of the year is sure to bring further surprises for traders and it will be crucial to be vigilant for any developments that may have a significant impact on the markets.
Linos Kogevinas
Commercial Executive - Cotzias Intermodal
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms Eva Tzima
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 21 August 17
INDIA'S COAL IMPORTS DECLINE TO 192 MT IN FY17 - PTI
Import of coal saw a decline of 6.37 per cent to 191.95 million tonnes (MT) in 2016-17 on higher production by CIL that saw the country move to a r ...
Monday, 21 August 17
FIRM DEMAND FOR CAPES CONTINUE TO SUPPORT DRY BULK SHIPPING
COALspot.com: The freight market was continued to rose this past week compared to the previous weeks, as BDI, Cape and Panamax indexes show a posit ...
Friday, 18 August 17
U.S. WEEKLY COAL OUTPUT UP 2.1% WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 17 August 17
DESPITE A HOLIDAY-DISRUPTED WEEK IT HAS BEEN A NEW ACTIVE WEEK FOR THE PANAMAXES - FEARNLEYS
Supramax
A very quiet start to the week with holidays in several countries. USG still bringing good results supported by a tight tonnage availabl ...
Monday, 14 August 17
CENTURIES ON, AND DRY BULK STILL RULES THE WAVES... - SARAH HOLDEN | CLARKSONS
By the late 1800s, the shipping industry had been transformed by the introduction of steam power and iron ships. Coal and grain were two of the mos ...
|
|
|
Showing 1966 to 1970 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Australian Coal Association
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Economic Council, Georgia
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
|
| |
| |
|
