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Saturday, 27 April 13
HANDY : SLIDING ; PANAMAX : POSITIVE ; CAPESIZE : STILL ON ITS KNEES - FEARNRESEARCH
Handy
The Atlantic markets started sliding with no fresh cargoes seen in the market. The USG-Feast was at USD 18k and Black sea-Feast was at USD 11k. The Pacific market is also softening. Indo-india now been fixed around USD 10k basis Singapore position. WCI-China was bit busy with cargoes like salt, grains, iron ore and rates were around USD 11k whereas ECIChina was quiet and rates were around USD 6k. RBCT rounds fixed at USD 8k dop eci. Short period rate for large eco supra was around USD 9000.
Panamax
The positive trend from last week took a turn on Tuesday and the market in both Hemispheres seems to be heading south. In the Atlantic, the numbers of fresh requirements is limited and number of ballasters heading for ECSA demand more cargoes to avoid a further slide. Some increased activity from the Baltics after cold winter is not enough to give any boost so far. T/A is falling to arnd 9.000 and fronthaul at 16 +. Activity in the Pacific has been low despite the regular Indonesian coal where healthy levels above 10 K were achieved for good positions early week. Owners still looking for ECSA rounds or short period also well above the 10 K mark - takers are reluctant.
Capesize
Still on its knees and expected to remain so for the foreseeable future, as there are simply too many prompt ships around. Reflecting continuing global economic uncertainty, combined trade flows for coal and iron ore are and will be insufficient to provide a high utilization ratio for the largest bulkers. The highlight of the week has been the re-entry of a major brazilian miner to book ballasting tonnage for the Tubarao/Qingdao run, the main disappointment being that same has had no positive effect on rate levels. At present daily average of USD 4200, the spot market can hardly fall any further before technical reactions kick in. Despite this, major players keep picking quality tonnage for short and medium period - notable fixtures include 182000 dwt/2011 prompt China obtaining USD 10500 for 8-13 months, also 180000 dwt/2011 done for 6-12 months at USD 10250.
Source: Fearnleys
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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
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Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Parliament of New Zealand
- Latin American Coal - Colombia
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- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
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- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
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- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
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- Neyveli Lignite Corporation Ltd, - India
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- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
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- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
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- Formosa Plastics Group - Taiwan
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- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
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- The Treasury - Australian Government
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- Indonesian Coal Mining Association
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- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Romanian Commodities Exchange
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- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
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- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- The University of Queensland
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
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