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Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
 COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter rates at US$ 12,495 per day.
However towards end of the week , the BDI, BCI and BPI index was up and the overall sentiment seemed up. The futures also in all categories moved up compared to last week. The Panamax was up by 7.61 pct where as Supramax index was down by 8.15 pct. The handy size index was down by 5.88 pct.
BDI (Baltic Dry Index Changes)
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BALTIC DRY INDEX CHANGE
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This week
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Last week
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Change
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Change %
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Baltic Dry Index
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1720
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1902
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182 ¯
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-9.57
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Baltic Cape Index
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1676
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2102
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426 ¯
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-20.27
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Baltic Panamax Index
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2092
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1944
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148 ↑
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-7.61
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Baltic Supra Index
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1669
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1817
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148 ¯
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-8.15
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Baltic Handy size Index
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994
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1003
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59 ¯
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-5.88
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As of 16 July 2010
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The poor demand of iron ore and coal by china seems to be the main reason for the soft market. With the steel prices still under pressure the iron ore imports may not increase much.
The iron ore ex. India has been extremely low and several ships have been seen ballasting out of India. It will be interesting to see whether the increase in the BDI and BCI will continue and how long will it be able to hold.
The average charter hire was at Cape/US$ 12,495 per day, Panamax/US$ 16,839 per day, Supramax/US$ 17,448 per day and Handy size/US$ 13,859 per day.
The Supramax index in the Fareast (S6 route) was down by US$ 1,270 per day and closed at US$ 16,810 per day. The ECI/China (S7) route further softened by US$ 2,202 per day and closed at US$ 15,165 per day . The S6 route is likely to firm up next week.
The futures for three years (2010-2012) was at around Cape/US$ 24,000 per day, Panamax/US$ 19,000 per day, Supramax/US$ 17,000 per day, Handy size/US$ 13,000 per day.
The congestion in EC Australian ports was at 121 vessels this week (last week 116 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/59, Gladstone/10, Abbot Point/nil, New Castle/47 vessels, Pot Kembla/1 vessel. On the WC Australia iron ore vessels waiting increased to 31 vessels (last week 40 vessels).
The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Paradip.
The brent crude prices was almost at same levels at usd 75.20 per barrel (last week usd 75.61 per barrel). The bunker prices also firmed up and IFO (380 pcrices) ex Singapore and was at usd 446.00 pmt (ifo 380 cst ex Singapore) on 16th July 2010.
Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
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Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED has opened price bid yesterday.
According to a participant, the quo ...
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Showing 5731 to 5735 news of total 6871 |
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- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Economic Council, Georgia
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- White Energy Company Limited
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
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