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Friday, 17 January 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
 
The Bohai-Rim Steam-Coal Price Index, a gauge of coal prices in north China’s major ports, stood at 553 yuan (US$80.3) per tonne Wednesday, a rise of one yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co Ltd.
 
Analysts said that as the Spring Festival approaches, a number of factors have fed a slight rise in the index, including increased mine shutdowns, continuing low railway freight volume, and a decline in spot coal available for sale at ports.
 
Given the inventory replenishment in later period, there is still room for coal demand to grow, although the consumption of downstream power plants will fall into a low ebb during the Lunar New Year holiday, according to analysts.
 
Released by the Qinhuangdao Ocean Shipping Coal Trading Market Co. every Wednesday, the BSPI is a leading indicator of China’s coal prices.
Source: Xinhua


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Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chin ...


Sunday, 26 January 20
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Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric ...


Friday, 24 January 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINED FLAT DURING THE PAST WEEK - XINHUA
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 553 yuan (about 80.1 U.S. dollars) ...


Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...


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