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Tuesday, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
 Capesize
The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regathering, and then pushing on to $75,190 at weeks end. These heights were last visited in November 2009. The market is currently looking very robust on several fronts with vessel tightness on numerous loading windows across the globe, while an energy crisis in several countries add complications. This combination may provide further signal for rallies to come. With that said, the paper market seems less convinced as a steep fall to $50k levels for the Q4 period is pricing. Looking at the Pacific basin, the Transpacific C10 opened the week at $67,000 before surging to $82,854 on the back vessel tightness before charterers managed to pull it back slightly to close the week at $76,328. The Atlantic Basin showed less signs of abating as it hit a high to close the week at $84,750. The Fronthaul C9, a preference for many vessel owners now to close out Q4, was commanding a headline topping $105,650, rising +5950 on Friday alone. The market remains very buoyant with prices a little wild as traders move in big increments.
Panamax
The Panamax market proved to be a mixed picture this week, with the Atlantic shedding recent gains as the North of the region came under severe pressure. Conversely, the Asian basin witnessed some substantial gains with the NoPac trips proving to offer underlying support. Pressure was applied all week in the Atlantic as tonnage built up in the North. And, despite decent demand from the Black Sea, rates eased on both the transatlantic trips as well as the fronthaul. Asia proved to be mostly NoPac centric with solid levels of activity throughout. The highlight was $40,500 being agreed on an 82,000-dwt delivery Japan. However, the mean rate over the week returned circa $37,500 for 82,000-dwt types. The Australia to India coal runs continued to command decent premiums with $36,500 concluded a few times on 82,000-dwt vessels with China delivery. Period activity included a 76,000-dwt agreeing $29,000 for 9/12 months, basis China delivery.
Ultramax/Supramax
Whilst sentiment remained positive in most areas, brokers described a rather lethargic week overall as the upcoming holidays in China kept a lid on activity levels. The BSI made slight gains from the end of last week seeing a week on week gain of 24 points from last Friday’s close. Period activity remained. A 52,000-dwt open East Mediterranean fixing in the mid $30,000s for six to eight months trading redelivery Atlantic. From the South Atlantic, the upper $20,000s – plus upper $1 million ballast bonus for fronthaul runs to Asia and the Indian Ocean areas – were seen. Demand remained from the Mediterranean for inter Atlantic business. A 56,000-dwt open central Mediterranean fixing a trip to West Africa at $51,500. With the upcoming holidays, the Asian arena waned as the week came to an end. However, a 56,000-dwt fixing a trip from Indonesia to China at $43,000. Good levels were seen from the Indian Ocean, a 56,000-dwt open Chittagong fixing a trip via South Africa redelivery China at $35,000.
Handysize
The US Gulf made large positive strides this week, with a 38,000-dwt fixed for a trip from the US Gulf to the Continent/Mediterranean range at $28,000. A scrubber fitted 40,000-dwt was fixed from Tampico via Houston to North Brazil at $33,000 for a cargo of Petcoke. East Coast South America is a split market with the South Brazil and Argentina region seeing good returns with a 37,000-dwt fixing from Recalada to Peru-chile Range at $54,000. A 33,000-dwt open UK was fixed via the Continent to Brazil with Fertilizers at $36,000. Asia has been less active but a 33,000-dwt open Vietnam fixed two to three laden legs at $35,000 with worldwide redelivery. A 36,000-dwt open Philippines fixed via Australia to South East Asia with Alumina at $35,000. Period saw a 34,000-dwt logger open in Australia fixing for a period in the mid $30,000s plus a $450,000 ballast bonus.
Source: The Baltic Exchange
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Wednesday, 14 April 21
MARKET INSIGHT - INTERMODAL
After a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP activity spiked in the previous weeks. O ...
Tuesday, 13 April 21
INDONESIAN COAL PRICE REFERENCE IN APRIL UP AGAIN ON FIRM DEMAND
COALspot.com: The Indonesia coal price reference for April 2021 settles at US$ 86.68 per ton FOB vessel.
The Indonesia coal pr ...
Monday, 12 April 21
CHINA'S ECONOMIC RECOVERY PUSHES COAL MINES TO INCREASE YIELD - GLOBAL TIMES
China’s fast economic rebound from coronavirus has driven up electricity demand, leading to higher consumption of coal which is seeing rising ...
Monday, 12 April 21
GLOBAL COAL PRODUCTION EXPECTED TO RISE BY 3.5% IN 2021, SAYS GLOBALDATA
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions obse ...
Wednesday, 07 April 21
KOMIPO ISSUED A TENDER FOR TOTAL 1,560,000 METRIC TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for total 1,560,000 Metric Tons of Bituminous coal for i ...
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- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
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