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Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) and the BHI down to 588 points (-2.3%).
Capesize
After peaking at just under $33,000 per day last Monday, the Capesize 4TC experienced a steady slide during the week, with a notable reduction in cargoes in the run-up to the holidays. As a result, Tubarao-China rates fell below $30 again, while the Pacific dropped under $13. Overall however the correction was not too severe – the BCI dropped 3% w-o-w - and while there was a decline at the start of the week it was relatively modest. The coming days are not expected to be eventful, but while January FFA prices climbed $3,000+ over the week, there is still a sharp drop anticipated in the paper market in the New Year, with December’s levels in the $30,000s dropping to the $20,000s in January.
Panamax
The 4TC average gained $500 this week to close at $14,200 per day. The Pacific showed a surge of $1,000 per day mainly due to firm grain activity out of Nopac and ECSA (attracting ballasters from the east). The coal import into China was however quieter as coal stocks were at high levels. On the other side, the Atlantic gained $400 Friday to Friday and closed at $15,800 per day. This basin was relatively stable with a balance of ships and cargoes; a premium of more than $1,500 per day compared to the TA round was paid for some earlier vessels able to make the USG within December. The Indian Ocean was quiet and the India/China route was paying $14/14.50 pmt and on the short period front, the market remained at the same level as last week, paying around $12,500 per day for LME 74,000 dwt delivery North China redelivery worldwide.
Supramax/Handy
The Baltic Supramax Index went down by 37 points to finish at 1,193 points last week, while the average of the time charter routes lost about $381 daily to finish close to $13,000 per day. In the east, the market showed more activity, but not enough to support the market. There was a slight improvement in the rates from India to China which fixed at $10,000 daily. Indonesia to India and Nopac remain steady respectively at $8,000 plus equivalent bb and $7,500 daily. In the Atlantic, the USG to Med rate declined, with Supramax getting fixed at $24,000 daily, while USG to Far East was done below $30,000 daily. The market was sustained by a few requirements ex ECSA to Far East in the very high teens and interest for short period at low-mid $11,000 daily, delivery east redelivery worldwide. On the smaller sizes, the Baltic Handysize index went down by 14 points to finish at 588 points while the time charter routes lost $172 to reach $8,425 daily. The market in the east revealed more scrap/steels cargos from north to south east Asia at $5,500 per day, which helped to release a bit of pressure on the rates. In the Atlantic a lack of cargos ex Black Sea, Continent and USG drove the rate down. Med/Cont to USG was worth $7,000, and USG to Cont $15,000. However, activity was supported with more grain cargos ex upriver to Med getting fixed at $15,000 daily.
Source: Barry Rogliano Salles
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Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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Showing 4906 to 4910 news of total 6871 |
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- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- The University of Queensland
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
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