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Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
 Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gaining almost 3.5% and 6% w-o-w to 2,115 and 1,684 points respectively.
Conversely, the Supramax and the Handies lost about 2.2% and 1.8% respectively, falling to 1,277 and 699 points. Despite the supposed end to the Karnatake ore export ban, it will be some time before India’s exports return to normal. The Federation of Indian Mineral Industries this week predicted exports would reach between 70-75m tonnes in the current financial year, compared to 95 million tonnes in 2010/11, and 117m tonnes in 2009/10.
FIMI attributed the decline to the ongoing delay in lifting the ban, plus higher export duties and rail freight rates. India also faces another possible tax in the form of a royalty sharing mechanism.
Capesize
Another firmer week for the Capes, with the 4TC rising $748 to just under $14,000 at close, and the BCI touching 2,115 points. The Pacific showed strong gains and $8.50 was recorded for Hedland-Qingdao with one fixture reported at $8.75, while TubaraoQingdao reached $20.70. Tonnage was again tight in the Atlantic, though both basins softened at week end. Friday saw the 4TC’s first loss in June, and sentiment seems braced for further declines this week. The effect on paper prices was a $875 and $585 increase on July and 3Q prices. $12,000 per day appeared to be the going rate for 4-6 month charters by close. The 4TC fell $420 on Monday.
Panamax
After a sluggish beginning to the week, a marked improvement was recorded in the latter half across both TA and Fronthaul markets, with the 1A and 2A indices recording increases of $1,142 and $980 respectively between 01/07/2011 and 08/07/2011. Sentiment improved on the back of increased cargo volumes and a tightening of prompt tonnage in the Atlantic, with TA rates hovering around $16,000 and Fronthaul levels steadying around low $20,000’s per day.
Indeed, the Atlantic basin has appeared more supported in recent days, as opposed to the Pacific which came under a great deal of pressure the previous week due to stubbornly high levels of available tonnage. A number of short period fixtures were reported in the East this week for 4/6 months in the region of $12,500 per day; however overall sentiment continues to remain cautious in the face of a long list of open ships in the market, with only slight improvements seen in spot Pacific spot rates.
Supramax/Handy
The Supramax market followed the trend of the previous week. The BSI lost about 2% from Friday to Friday, the average of the TC routes closing the week at $13,356. In all areas the market is softening. Supramaxes are getting fixed in the mid/ high 20s for petcoke out of the US Gulf with redelivery Med, whereas for redelivery Far East same units are obtaining low 30s. Supras were fixed at about $15,000 delivery West Africa via ECSA with redel Skaw/Passero range and in the low 20s for redelivery East. The Pacific has been rather quiet over the last week.
The number of Supramax stems for Nopac and Aussie rounds remain scarce. The number of nickle ore and coal stems has also dwindled. Indian exports of iron ore have all dried up on the west coast with the monsoons, but a handful of stems are now visible along the east coast. The movement of coal into India however has been constant. On the short period front, Supras are being fixed at $15,000 for 3 to 5 months delivery Med with redelivery Atlantic, while levels are around $13,000 for delivery Far East with redelivery worldwide.
Source: Barry Rogliano Salles
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Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...
Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...
Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said.
Due to Ram ...
Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat
COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...
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Showing 5101 to 5105 news of total 6871 |
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- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Minerals Council of Australia
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
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