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Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the East Fearnleys says in its latest weekly report.
The average BCI is up from 17,000 to just excess of USD 20,000 with c5 in the 8s pmt, compared to previous week sub 7. Brazilian iron ore, the c3 route is up one dollar, presently close to mid 18s pmt. Volume is relatively thin, but the sentiment looks positive.
Panamax
According to Fearnleys, the Panamax market took a turn mid last week, and has experienced firmer rates in both hemispheres. TA’s are now paying excess 12k for the longer runs, while the shorter are being paid in the 14k’s. In the Pacific, we see Aussie rounds being fixed in the 12k’s.
We do expect this firming tendency to remain short term with a short tonnage list – especially in the North Atlantic Fearnleys says. ECSA grain cargoes are still in a roll and being fixed at around15.5k+550k GBB, and we now also see the Black Sea grain market coming into play.
Supramax
The Supramax market continued sideways trend, and little inspiring news appear. Oversupply of tonnage in both basins putting pressure on the spot rates Fearnleys says.
We are missing fresh inquiries in the key areas to turn the bearish trend around. Period activity is limited, and very few charterers taking long term commitments. Q1 putting pressure on forward curve. USG and ECSA remain flat. The Black Sea expecting more activity on the grain side, but same still submerged. Fronthaul rates from the Black Sea to Far East fixing around USD 20k/day.
Fearnleys weekly report further noted, West African trips to China with manganese ore reported at the level of low USD 20k/day. NOPAC and Aussie round trips into China vary in region 9k/11k per day range depends on delivery and vessels specs. South East Asia trips to China were reported at the level of USD 8,500/9,500 per day. EC India remains strong and paying close to USD 15k/day on Supra and USD 17k/day on large units.
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Friday, 07 August 20
PEABODY'S $1.42 BILLION WRITE-DOWN CONCEDES COAL MINES HAVE LITTLE VALUE AND DIM FUTURE - IEEFA
Trouble at biggest mine in Powder River Basin speaks volumes about state of industry
Peabody Energy, the world’s largest priva ...
Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...
Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...
Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...
Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...
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- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Xindia Steels Limited - India
- The University of Queensland
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Parliament of New Zealand
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
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