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Friday, 23 October 15
WILL INDIAN DOMESTIC COAL PRICES BE ABLE TO COMPETE IMPORTED COAL PRICES IF THE CURRENT TREND CONTINUES?
Coal excavatorCOALspot.com: The Most of the Indian end-users are waiting for last minute purchase to enjoy every drop in price. Coal procurement managers are also encouraged this strategy to avoid  blames from Senior officers in case prices drop further after the conclusion of any deal, said a Thermal Coal Consultant  based out of Mumbai.

He further said that,  In addition, Indian as well as International traders are lining up in front of each end-users seeking an opportunity to supply their spot cargo. Such situation makes Coal procurement Manages more challenging and enjoying.

On commenting on pricing, the consultant noted that, on the pricing, recently a client has finalized at $32 on CFR  Paradip for a Geared Supramax 4200 GAR coal of Indonesian origin, delivery during Nov 2015.

On the RB1 coal, clients are getting offers below $55 CIF West Coast for a Cape vessel cargo delivery during Nov 15.   In addition to the already squeezed prices, now  clients are also demanding Disport quality final instead of load port final. The Indian buyers are also seeking a 90-180 days clean credit pressuring Traders to consider.

On the Domestic coal production, Coal India is producing at 9% higher and  are aiming to reach 1Bln Ton by 2020 as per Govt. plan.

“ A question comes to my mind whether domestic coal will be able to compete against imported coal if current trend continue?”, the consultant asked.

The East Coast based power plants find Indonesian coal still substantially cheaper compared to Domestic coal prices.   Similar case might be applied to West Coast Based Power Plants, he concluded. 


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Thursday, 29 October 15
Q2' 16 FOB INDONESIA COAL SWAP CLOSED US$ 37.40 PER TON; DECLINED 5.56 PER CENT M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week. The Q4 swap declined $ 2.13 (-5.34%) per t ...


Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month. The Q4 swap was d ...


Wednesday, 28 October 15
BDI INCREASE TOOK PLACE SOLELY ON THE BACK OF CAPESIZE PERFORMANCE, BUT........ - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a small improvement  which nonetheless failed to lift sentiment, not only because ...


Tuesday, 27 October 15
Q1'16 API 5 FOB NEWCASTLE COAL SWAP DECLINE 6 PER CENT M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $2 per ton (4.66%) month over month to US$ 40.93 per ton. The swa ...


Monday, 26 October 15
PORT OF NEWCASTLE SHIPPED 10.5 PER CENT LESS COAL IN SEPTEMBER, COMPARED TO AUGUST LOADING
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.161 billi ...


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