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Thursday, 21 November 13
CAPESIZE : THE DOWNWARD TREND HAS TURNED INTO NOTABLE SPOT AND PERIOD IMPROVEMENT - FEARNLEYS
Handy
The Atlantic market experienced a general rate increase for most trades this week. More cargoes in the market and chrts looking for prompt tonnage to cover their USG loadings had a tough time getting cvrd. In the eastern hemisphere the rates have remained firm this week. Supported by large volume on Indo nickel ore and bauxite, rates have been reported at around USD 17/18k levels. The bauxite trade is largely affected by the new export tax being implemented in 2014 which will most likely slow down the volume for same. Indo/India runs are being rated in the mid teens by ships open N.China and same levels for NoPac rounds. Short periods are being fixed in region of USD 12-13k.
Panamax
The Panamax rates dropped in both hemispheres this week. With a slow demand and vessels being ballasted from Pacific into the USG, rates continue to drop for December loading. Spot rates at around USD 50pmt for USG/China vs a January stem being fixed at USD 46pmt this week shows little faith in Q1. Although FFA values are trading up at time of writing, it would seem this is a consequence of the bigger Capes experiencing a firming tendency. TA´s are now being fixed in region of 10/11k depending on delivery while Pac rounds are being fixed in the 9´s. The period market is more or less none existing although one LME got fixed for 1 year at USD 11,300 for Feast delivery.
Capesize
Triggered by healthy far east demand and improving FFA levels – and nothing else - the downward trend has turned into notable spot and period improvement. Due to sudden need for early loaders on the WAust/China ore trade, values of Far East rounds have jumped almost 10% to come in at usd 19k. Although at smaller scale, a similar situation for pacific coal trades has contributed to stop a negative spiral and maintain average earnings flat at just under usd 19k w-o-w. Atlantic is best described as uncertain, and increased cargo volume in this area is badly needed for any further general improvement to happen. Although little actually concluded, period levels are up on average some usd 750/day on back of paper improvement.
source: Fearnresearch
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Wednesday, 15 January 14
CFR SOUTH CHINA COAL SWAPS FALL BY 6.57% MONTH ON MONTH
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 6.57 percept month on month and closed at US$ 78.90 per mt as ...
Wednesday, 15 January 14
INDONESIAN MINING LAW AVERTS BOP PRESSURE, RISKS REMAIN, FITCH SAYS
The last-minute intervention at the weekend by Indonesia's politicians to avert a significant disruption of mining activity and exports, should lim ...
Wednesday, 15 January 14
Q3 AND Q4 INDONESIAN COAL SWAPS DECLINE MONTH ON MONTH
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 1.23 pmt month on month on Friday 10 January 2014. T ...
Wednesday, 15 January 14
PANAMAX: PACIFIC - REMAINED QUIET; ATLANTIC - CONTINUED THEIR RETREAT
COALspot.com: The holiday hangover seems well underway for the Dry Bulk market that saw more ground being lost this past week. The BDI has closed of ...
Tuesday, 14 January 14
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS FALL 18.28 %
COALspot.com: In the week ended January 13, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.67 ...
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- Orica Australia Pty. Ltd.
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- Electricity Authority, New Zealand
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- Wood Mackenzie - Singapore
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- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
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- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
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- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
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- Electricity Generating Authority of Thailand
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- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Australian Coal Association
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Karbindo Abesyapradhi - Indoneisa
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- Minerals Council of Australia
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- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
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- Planning Commission, India
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- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
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- Chamber of Mines of South Africa
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- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
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- Global Business Power Corporation, Philippines
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- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
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- Singapore Mercantile Exchange
- Wilmar Investment Holdings
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- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
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- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
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- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
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- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
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- The University of Queensland
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- White Energy Company Limited
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- Larsen & Toubro Limited - India
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- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
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