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Sunday, 19 May 13
FREIGHT RATES TO REMAIN UNSTABLE AND VOLATILE - CAPT. REDDY
COALspot.com – The freight remained weak this week with all the segments down.
The BDI, the Baltic Dry Index is a number issued daily by the London-based Baltic Exchange was down by 4.86 pct and closed at 841 points week ended 17 May 2013. Cape index followed BDI and down by 4.05 pct closed at 1326 points. The panamax sector fell drastically (6.44 pct) closed at 930 points. The Supramax and Handymax was almost at same levels closing at 851 points (down by 1.73 pct ) and 553 points (up by 0.36 pct) respectively.
The iron ore market is on the downward trend indicating that the demand is slowing down. There is an another big news from China’s National Energy Administration which is considering a proposal to ban import of low calorific thermal coal. Presently China is importing large quantity of low grade coal and if the ban is imposed , there could be major affect in the freight market as well as coal prices.
The average charter rates was at Cape/$ 5,168 per day , Panamax/$ 7,418 per day , Supramax/$ 8,902 per day and Handy size/$ 8,165 per day.
The futures for three years (2013-2015) was at around Cape/$ 14,000 per day, Panamax/$ 10,000 per day, Supramax/$ 10,000 per day , Handy size/$ 9000 per day.
The supramax index in the far east (S8 route) was down by 1.65 pct and closed at 8,161 per day (last week $ 8,298 per day) .The route S7 was at same levels closing at $ 7875 per day (Last week $ 7,875 per day) . The freight market in this sector is expected to be soft next week.
The Brent crude oil prices was up by 0.70 pct closing at $ 104.64 per barrel (last week $ 103.91 per barrel). The bunker prices was also lower closing at same levels and closed at $ 614.00 pmt (IFO 380 cst ex Singapore on 17th May 2013).
Baltic Dry Index : Down
Cape index: Down
Panamax index : Down
Supramax index: Up
(as of 17 May 2013)
Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICR ...
Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
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- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
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