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Wednesday, 08 November 17
COAL MARKETS WERE MIXED; COKING COAL EKING OUT SOME GAINS; THERMAL COAL STRUGGLING - DANIEL HYNES
Coal ExcavatorCoal markets were mixed, with coking coal eking out some gains, while thermal coal struggled amid the falling oil prices, ANZ Strategist said in a note.

According to Daniel Hynes, ANZ Senior Commodity Strategist, this was despite data showing coal consumption in China remained strong. The National Coal Association in China said that its coals consumption rose 4.5% in Jan-Sep. However this was against a rise in domestic production of 5.7% for the same period.

It also warned that as much as 400mt of new capacity could be added by 2020, resulting in the over-capacity issue persisting.

Daniel Hynes further noted that, Coking coal prices were supported by issues at Australian ports. Delays to exports could increase due to bottleneck issues at the Dalrymple Bay Coal Terminal (DBCT) in Queensland. This has resulted in loading times for ships increasing substantially in recent days.


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Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...


Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...


Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...


Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...


Friday, 13 October 17
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS OF 2017 TOTALED 51 MMST; UP 62% YOY, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2  million shor ...


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