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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 $13,000 for delivery Far East with redelivery worldwide.
Source: Barry Rogliano Salles
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Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...
Saturday, 23 July 11
PANAMAX MARKET FACED A LIMITED ACTIVITY IN ALL BASINS
Handy
Atlantic softening across all segments with little fresh enquiry ex Bsea/Cont/USG and ECSA. Trips to Far east remain healthy. More cargoes ex ...
Friday, 22 July 11
MARUBENI ACQUIRING 42.86% SHARE OF YTL JAWA POWER HOLDINGS
COALspot.com - Japan’s Marubeni Corporation acquisition 42.86% stake in YTL Jawa Power Holdings BV, which owns a 35% equity interest in Indone ...
Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE
COALspot.com - Indonesia shipped 28.27 Million tons of coal in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, I ...
Thursday, 21 July 11
COAL PRICES ARE AT US$ 120 A TONNE
COALspot.com - Indonesian coal production in 2011 is expected to reach 360 million tons or 5.8 percent higher than government's forecasts. The incr ...
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Showing 5176 to 5180 news of total 6871 |
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- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
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