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Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
 A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax and Handysize markets declining for the third week running. Overall, the BDI ended at 1,835 points (+3% w-o-w), the BCI at 3,150 (+13%), the BPI at 1,761 (-4%), the BSI at 1,324 (-7%) and the BHI at 675 points (-7%). In the coal markets, China’s benchmark thermal coal prices fell for the first time in three months, as the country’s utility companies finished their autumn stockpiling. It is the first decline in the price since August. Stockpiles are currently at the high level of 71 million tons, with local commentators suggesting there will be no more major buying until early next year. This stockpiling, which saw Richards Bay coal exports rise nearly 50% in October compared to September, has supported the bulk market and the recent increase in rates.
Capesize
A strong week for the Capes with plenty of cargo requests in the Atlantic combined with a tight tonnage situation pushing rates up there. Activity by the mining companies in the Pacific saw even greater gains in that basin. The Baltic reported two iron ore cargoes covered on a voyage basis from the St Lawrence in the mid $30's per metric tonne, which equates to around $50,000 per day on a BCI type basis delivery Rotterdam. Overall Hedland-Qingdao saw the greatest gains, at +15% w-o-w, with $11.50 pmt reported. Fronthaul and Atlantic trades also saw gains around 6-8%. In the paper market, the Nov/Dec average peaked at $22,500 during the week, although there was a pullback in both the physical and paper markets by the end of the week, with Nov/ Dec ending at $20,979. Monday saw a 69 point fall in the BCI.
Panamax
It was another week of declines across the board with the Panamax 4TC closing at $14,079, coming off $603 w-o-w, which was not far off from the previous week’s decline. We saw a drop of $809 per day in the Atlantic w-o-w and $678 in the Pacific, whilst FH shed $657. There remained a clear lack of fresh cargoes for PAC, TA and FH with limited fixture activity throughout the week and a continued high level of open tonnage prevalent in both basins. However towards the end of the week we did see a reduction in open tonnage in the Atlantic, likely due to charterers covering stems or vessels being withdrawn from the market as a possible floor is found. The Indo/China trade was fixing in the $9 pmt range in a week that was interrupted briefly by holiday. The period market remained steady although relatively inactive with very few reported fixtures. 4-6 months ended the week at $14,000 per day levels whilst one year was closer to $13,500 levels.
Supramax/Handy
The Handy/Handymax market remains under pressure in the east where the abundance of prompt vessels and the lack of cargoes have been the main feature for the last 10 days. Not surprisingly Nopac round voyages are being fixed in the mid $7,000s levels. By the same token Indian iron ore exports are very slim leaving little alternatives for owners but to ballast towards South Africa and, further away, South America. As a consequence, south Atlantic does not have enough cargoes to absorb all these ballasters and transatlantic trips ex ECSA has gone from around $15,000 per day 3 weeks ago to around $12,000/13,000 today. The only hot spots for owners are the USG for Supramax and Black Sea for Handies where grains entail reasonable levels of $26 -27,000 ex USG to Med, and low/mid $30,000s for USG/Far East. Handies in the Med found secure homes giving returns in the mid teens.
Source : Barry Rogliano Salles
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Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) S ...
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Showing 4981 to 4985 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- PTC India Limited - India
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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