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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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Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
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- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
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