COALspot.com keeps you connected across the coal world
  • OCTOBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 51.00 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 23 September 20
MARKET INSIGHT - INTERMODAL
IntermodalUndoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to severely affect and shape our day to day personal and professional lives. All industrial markets have been influenced by the coronavirus pandemic and the tanker market is no exception. The spread of COVID-19 coupled with the IMO 2020 regulations have caused noticeable fluctuations in bunker prices and trading habits. On the 6th of January, VLSFO prices in Fujairah were as high as USD 790/mt and fell to below USD 200/mt in a mere 3-month period. WTI followed a similar pattern as it hovered at just above USD 60/barrel in early January and saw “negative” rates on the 20th of April; it has never fully rebounded (to date) back to its to pre-lockdown price levels. Oil trading houses took conservative approaches in minimizing their risk exposures owing to the mounting uncertainty and investor ambiguity that had resulted from the initial COVID-19 outbreak. Many projects were paused while trading activity was kept to a minimum. 
 
The trading lag created an environment that allowed for contango opportunities; many traders/oil majors attempted to capitalize on this by securing VLCC/Suezmax vessels for T/C periods of up to 6 months. Due to the oil surplus in the market, shore tanks were nearing their maximum storage capacities and suppliers were keen to sell at low rates to ensure the continued and sound operations of refineries. The temporary shutdown and reopening of a refinery costs millions of dollars which places a rather hefty (almost unbearable) financial burden on the respective supplier. Throughout the period of the storage craze, some of the highest freight rates of the last decade were observed. Freights were boosted by a plethora of parameters such as market sentiment, bullish owners and prolonged wait times of ships during loading/discharging owing to the profound lack of storage.  
 
In general - with the exception of VLCC’s who have benefited from the overall increased demand for storage - crude tankers have not managed to improve their performance in the last 3 months. Aframax and Suezmax vessels are still committed to sluggish markets which are heavily affected by seasonal patterns. Historically, summer months were always depressed in terms of trading activity. However, current imminent fears of further regional/nationwide lockdowns are further weakening sentiment in the oil trade. On the clean side, we’ve seen tonnage lists with many prompt ships around loading areas with MR’s overcoming LR1’s. At the same time, LR2’s seem to be patiently waiting for MR’s to get busier, after which they expect to receive loading enquiries from charterers. On Monday we saw WTI & BRENT enter a steep fall, which may be a direct result of further country-wide imposed COVID-19 related restrictions due to the fear of another wave. On a more positive supply-side note, Libyan exports are now back on the table and are rumored to see increases of ca. 300%!
 
A glimpse of light is anticipated by owners as we move towards the end of the year. It is widely hoped that traders will push to complete their programs by the close of the year to meet their minimal annual objectives. Nevertheless, the uncertain atmosphere in the tanker sector is expected to project well into the fourth quarter; a potential coronavirus vaccine is the only factor which seems capable of “straightening out” the rather mixed present sentiment.

By Dimitris Kourtesis 
Tanker Chartering Broker
 
Compiled by:
Intermodal Research & Valuations


Analysts:
Ms Eva Tzima

Mr.George Panagopoulos


Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
 
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 07 October 20
U.S. COAL PRODUCTION TO DECREASE BY 26 PERCENT IN 2020 COMPARED TO 2019 - EIA
EIA expects total U.S. coal production in 2020 to be 525 million short tons (MMst), compared with 705 MMst in 2019, a 26% decrease. COVID-19 a ...


Wednesday, 07 October 20
MARKET INSIGHT - INTERMODAL
The challenges brought forward in 2020 proved to be very different from what we could have ever imagined. Together with placing a significant strai ...


Tuesday, 06 October 20
KOSPO TO IMPORT 80,000 MT OF 3,800 NCV COAL FOR 2H NOV
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 MT Min.3800 kcal/kg NCV coal 2H November, 2020 l ...


Friday, 02 October 20
THE INDONESIA COAL PRICE REFERENCE RISE AFTER HISTORIC CRASH TO US$ 49.42
COALspot.com: The Indonesia Coal Price Reference for the month of October Rise to US$ 51.00 after historic crash to US$ 49.42 in September 2020. ...


Friday, 02 October 20
SRI LANKA MUST LEARN LESSONS FROM AROUND ASIA TO AVOID FURTHER ELECTRICITY CRISES - IEEFA
Overcommitment to fossil-fuelled power generation is leading to excess capacity and rising capacity payments, subsidies, and tariffs around the con ...


   2 3 4 5 6   
Showing 16 to 20 news of total 6119
News by Category
Popular News
 
Total Members : 27,135
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Electricity Generating Authority of Thailand
  • Indorama - Singapore
  • Inco-Indonesia
  • South Luzon Thermal Energy Corporation
  • Indian Oil Corporation Limited
  • IMC Shipping - Singapore
  • BNP Paribas - Singapore
  • Bank of America
  • Argus Media - Singapore
  • Glencore India Pvt. Ltd
  • International Coal Ventures Pvt Ltd - India
  • Samsung - South Korea
  • Asmin Koalindo Tuhup - Indonesia
  • Metalloyd Limited - United Kingdom
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Malco - India
  • Kohat Cement Company Ltd. - Pakistan
  • Siam City Cement - Thailand
  • Mjunction Services Limited - India
  • Tamil Nadu electricity Board
  • Cement Manufacturers Association - India
  • Core Mineral Indonesia
  • The University of Queensland
  • Dalmia Cement Bharat India
  • Maharashtra Electricity Regulatory Commission - India
  • Attock Cement Pakistan Limited
  • Thailand Anthracite
  • New Zealand Coal & Carbon
  • Energy Development Corp, Philippines
  • Cardiff University - UK
  • Baramulti Group, Indonesia
  • Commonwealth Bank - Australia
  • Coal Orbis AG
  • Deutsche Bank - India
  • Berau Coal - Indonesia
  • ANZ Bank - Australia
  • Xindia Steels Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Samtan Co., Ltd - South Korea
  • Indonesian Coal Mining Association
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • CESC Limited - India
  • Coeclerici Indonesia
  • Edison Trading Spa - Italy
  • Ceylon Electricity Board - Sri Lanka
  • Thai Mozambique Logistica
  • Fearnleys - India
  • Grasim Industreis Ltd - India
  • Mitsui
  • Intertek Mineral Services - Indonesia
  • Xstrata Coal
  • Karaikal Port Pvt Ltd - India
  • J M Baxi & Co - India
  • Heidelberg Cement - Germany
  • Platts
  • Britmindo - Indonesia
  • Petrosea - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Formosa Plastics Group - Taiwan
  • Gujarat Electricity Regulatory Commission - India
  • Marubeni Corporation - India
  • Maersk Broker
  • Aditya Birla Group - India
  • Semirara Mining and Power Corporation, Philippines
  • Anglo American - United Kingdom
  • DBS Bank - Singapore
  • Sical Logistics Limited - India
  • Renaissance Capital - South Africa
  • Madhucon Powers Ltd - India
  • Latin American Coal - Colombia
  • Africa Commodities Group - South Africa
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • ACC Limited - India
  • Cargill India Pvt Ltd
  • Global Green Power PLC Corporation, Philippines
  • VISA Power Limited - India
  • Toyota Tsusho Corporation, Japan
  • Videocon Industries ltd - India
  • Tanito Harum - Indonesia
  • Tata Power - India
  • Carbofer General Trading SA - India
  • Credit Suisse - India
  • Bhushan Steel Limited - India
  • McConnell Dowell - Australia
  • Karbindo Abesyapradhi - Indoneisa
  • Billiton Holdings Pty Ltd - Australia
  • Chettinad Cement Corporation Ltd - India
  • Mintek Dendrill Indonesia
  • Mercator Lines Limited - India
  • Panama Canal Authority
  • AsiaOL BioFuels Corp., Philippines
  • PTC India Limited - India
  • Semirara Mining Corp, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Energy Link Ltd, New Zealand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Power Finance Corporation Ltd., India
  • Meralco Power Generation, Philippines
  • UBS Singapore
  • SRK Consulting
  • JPMorgan - India
  • Asia Cement - Taiwan
  • Global Business Power Corporation, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Thriveni
  • Jaiprakash Power Ventures ltd
  • White Energy Company Limited
  • Platou - Singapore
  • NTPC Limited - India
  • Manunggal Multi Energi - Indonesia
  • NALCO India
  • Bank of China, Malaysia
  • CCIC - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • RBS Sempra - UK
  • Salva Resources Pvt Ltd - India
  • Geoservices-GeoAssay Lab
  • McKinsey & Co - India
  • Borneo Indobara - Indonesia
  • Eastern Coal Council - USA
  • Planning Commission, India
  • Total Coal South Africa
  • Shenhua Group - China
  • Antam Resourcindo - Indonesia
  • bp singapore
  • Georgia Ports Authority, United States
  • CoalTek, United States
  • Australian Commodity Traders Exchange
  • Pipit Mutiara Jaya. PT, Indonesia
  • Rudhra Energy - India
  • Bayan Resources Tbk. - Indonesia
  • Goldman Sachs - Singapore
  • Ince & co LLP
  • CIMB Investment Bank - Malaysia
  • Orica Mining Services - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Leighton Contractors Pty Ltd - Australia
  • Altura Mining Limited, Indonesia
  • Ernst & Young Pvt. Ltd.
  • Tata Chemicals Ltd - India
  • Surastha Cement
  • Indian School of Mines
  • Bharathi Cement Corporation - India
  • Cemex - Philippines
  • Indogreen Group - Indonesia
  • Maruti Cements - India
  • Interocean Group of Companies - India
  • Eastern Energy - Thailand
  • EIA - United States
  • Merrill Lynch Bank
  • Timah Investasi Mineral - Indoneisa
  • CNBM International Corporation - China
  • Chamber of Mines of South Africa
  • Minerals Council of Australia
  • Peabody Energy - USA
  • Vizag Seaport Private Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • LBH Netherlands Bv - Netherlands
  • Mitsubishi Corporation
  • Directorate Of Revenue Intelligence - India
  • The India Cements Ltd
  • TeaM Sual Corporation - Philippines
  • PetroVietnam
  • Jatenergy - Australia
  • Cebu Energy, Philippines
  • SGS (Thailand) Limited
  • Central Java Power - Indonesia
  • ICICI Bank Limited - India
  • Price Waterhouse Coopers - Russia
  • APGENCO India
  • SMC Global Power, Philippines
  • Agrawal Coal Company - India
  • Parliament of New Zealand
  • Sarangani Energy Corporation, Philippines
  • Kumho Petrochemical, South Korea
  • Krishnapatnam Port Company Ltd. - India
  • IBC Asia (S) Pte Ltd
  • Clarksons - UK
  • TRAFIGURA, South Korea
  • GMR Energy Limited - India
  • Ministry of Mines - Canada
  • Coastal Gujarat Power Limited - India
  • Mitra SK Pvt Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Indonesia Power. PT
  • Uttam Galva Steels Limited - India
  • Sojitz Corporation - Japan
  • Arch Coal - USA
  • Vitol - Bahrain
  • Bukit Asam (Persero) Tbk - Indonesia
  • GB Group - China
  • KPCL - India
  • SASOL - South Africa
  • Adaro Indonesia
  • Therma Luzon, Inc, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • World Coal - UK
  • Thomson Reuters GRC
  • GNFC Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Barasentosa Lestari - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Wood Mackenzie - Singapore
  • Gupta Coal India Ltd
  • Qatrana Cement - Jordan
  • GAC Shipping (India) Pvt Ltd
  • SMG Consultants - Indonesia
  • Infraline Energy - India
  • EMO - The Netherlands
  • TNPL - India
  • Gujarat Mineral Development Corp Ltd - India
  • Mechel - Russia
  • SUEK AG - Indonesia
  • Bulk Trading Sa - Switzerland
  • KPMG - USA
  • Essar Steel Hazira Ltd - India
  • PLN - Indonesia
  • ING Bank NV - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indo Tambangraya Megah - Indonesia
  • Riau Bara Harum - Indonesia
  • The State Trading Corporation of India Ltd
  • Sucofindo - Indonesia
  • UOB Asia (HK) Ltd
  • Coal and Oil Company - UAE
  • TGV SRAAC LIMITED, India
  • Singapore Mercantile Exchange
  • TANGEDCO India
  • World Bank
  • Independent Power Producers Association of India
  • Bukit Baiduri Energy - Indonesia
  • Rio Tinto Coal - Australia
  • Lafarge - France
  • Japan Coal Energy Center
  • PLN Batubara - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Merrill Lynch Commodities Europe
  • Ministry of Finance - Indonesia
  • HSBC - Hong Kong
  • London Commodity Brokers - England
  • Inspectorate - India
  • Arutmin Indonesia
  • Thermax Limited - India
  • Romanian Commodities Exchange
  • Globalindo Alam Lestari - Indonesia
  • Shree Cement - India
  • Australian Coal Association
  • Gujarat Sidhee Cement - India
  • Siam City Cement PLC, Thailand
  • Kartika Selabumi Mining - Indonesia
  • ETA - Dubai
  • Humpuss - Indonesia
  • San Jose City I Power Corp, Philippines
  • BRS Brokers - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Kaltim Prima Coal - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Bhoruka Overseas - Indonesia
  • IOL Indonesia
  • PNOC Exploration Corporation - Philippines
  • Port Waratah Coal Services - Australia
  • Deloitte Consulting - India
  • KOWEPO - South Korea
  • Pinang Coal Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Petron Corporation, Philippines
  • U S Energy Resources
  • Meenaskhi Energy Private Limited - India
  • Asian Development Bank
  • Vale Mozambique
  • OCBC - Singapore
  • Kobe Steel Ltd - Japan
  • Sree Jayajothi Cements Limited - India
  • Medco Energi Mining Internasional
  • Sinarmas Energy and Mining - Indonesia
  • Reliance Power - India
  • Lanco Infratech Ltd - India
  • Savvy Resources Ltd - HongKong
  • Binh Thuan Hamico - Vietnam
  • Bhatia International Limited - India
  • ASAPP Information Group - India
  • Sakthi Sugars Limited - India
  • Coalindo Energy - Indonesia
  • Permata Bank - Indonesia
  • Orica Australia Pty. Ltd.
  • IEA Clean Coal Centre - UK
  • Cigading International Bulk Terminal - Indonesia
  • India Bulls Power Limited - India
  • Wilmar Investment Holdings
  • Ministry of Transport, Egypt
  • Freeport Indonesia
  • Kobexindo Tractors - Indoneisa
  • Central Electricity Authority - India
  • PetroVietnam Power Coal Import and Supply Company
  • Neyveli Lignite Corporation Ltd, - India
  • Bangkok Bank PCL
  • Gresik Semen - Indonesia
  • Simpson Spence & Young - Indonesia
  • The Treasury - Australian Government
  • Jindal Steel & Power Ltd - India
  • MS Steel International - UAE
  • Russian Coal LLC
  • Economic Council, Georgia
  • Bangladesh Power Developement Board
  • GHCL Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Idemitsu - Japan
  • Banpu Public Company Limited - Thailand
  • Cosco
  • Thiess Contractors Indonesia
  • Mercuria Energy - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Runge Indonesia
  • PowerSource Philippines DevCo
  • Maheswari Brothers Coal Limited - India
  • MEC Coal - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • JPower - Japan
  • IHS Mccloskey Coal Group - USA
  • Trasteel International SA, Italy
  • Adani Power Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Moodys - Singapore
  • Standard Chartered Bank - UAE
  • Iligan Light & Power Inc, Philippines
  • Barclays Capital - USA
  • Enel Italy
  • Noble Europe Ltd - UK
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Star Paper Mills Limited - India
  • Makarim & Taira - Indonesia
  • Ambuja Cements Ltd - India
  • Parry Sugars Refinery, India
  • Maybank - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Aboitiz Power Corporation - Philippines
  • GVK Power & Infra Limited - India
  • KEPCO - South Korea
  • Posco Energy - South Korea
  • Coal India Limited
  • Malabar Cements Ltd - India
  • Sindya Power Generating Company Private Ltd
  • Larsen & Toubro Limited - India
  • Vedanta Resources Plc - India
  • Oldendorff Carriers - Singapore
  • globalCOAL - UK
  • Coaltrans Conferences
  • WorleyParsons
  • Indika Energy - Indonesia
  • European Bulk Services B.V. - Netherlands