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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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Thursday, 11 June 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 (BSPI), a gauge of ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- PTC India Limited - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Coal and Oil Company - UAE
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Mjunction Services Limited - India
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