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Sunday, 29 April 12
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR


COALspot.com - The BDI continued to go up with the support of Panamax/Supramax and was up by 8.34 pct closing at 1,156 points.

The cape index was slightly down by 2.22 pct closing at 1,499 points. The Panamax index kept the momentum and was up by 16.88 pct closing at 1,738 points. The supramax and handysize index was also up closing at 1,102 points (up by 8.04 pct) and 589 points (up by 4.80 pct).

The spot fixture rates for Supramax in SE Asia was steady with vessels delivery South China was around reported fixed around US$ 11,500-12,000 per day. The short period rates for supramax around US$ 12,000 per day.

The market expected to be steady next week. However the iron prices have been dropping last few days which could mean that the iron ore demand by China may be softening.

The average charter rates was at Cape/US$ 6,478 per day , Panamax/US$ 13,877 per day , Supramax/US$ 14,789 per day and Handy size/US$ 11,232 per day.

The futures for three years (2012-2015) was at around Cape/US$ 16,000 per day, Panamax/US$ 12,000 per day, Supramax/US$ 11,500 per day , Handy size/US$ 9,500 per day.

The supramax index in the far east (S8 route) was down slightly 4.95 pct and closed at US$ 11,526 per day (last week it was at US$ 12,127 per day) and S7 route  was slightly up by 0.89 pct  and closed at US$ 9,691 per day (last week was US$ 9,605 per day). Both routes likely to be firm next week.

The Brent crude oil prices was down by slightly up by 0.61 pct closing at US$ 119.55 per barrel(last week  US$ 118.82 per barrel) and bunkers prices also up little closing at US$ 721.50 pmt (last week US$ 718.00 pmt)for IFO 380 cst ex Singapore on 27th April 2012.

Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)



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Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com -  Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...


Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...


Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...


Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points. The Cape Size ...


Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...


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