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Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
 Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintain margin resilience amid a prolonged industry downturn, says Fitch Ratings.
Fitch expects Chinese copper processors to continue to record thin margins due to overcapacity and the sustained weakness in copper prices. Copper product prices may continue to fall more rapidly than the prices of copper cathode and copper scrap - two major raw materials for copper processors - due to slowing demand. At the same time, increasingly stringent labour and environmental protection requirements will raise costs, which will further squeeze processors' profitability. More than 20% of copper processors in China have been posting net losses for the past three years.
However, Fitch expects large companies with R&D capability, technical know-how and economies of scale to record resilient margins. For example, leading players such as Jiangxi Copper Co., Ltd and Tongling Jingda Special Magnet Wire Co., Ltd maintained stable copper processing gross profits of over CNY3,300 (approximately US$ 516.55) per tonne on average in 2014 and 1H15, while many of their smaller peers had gross profit of under CNY1,000 (approximately US$ 156.53) per tonne or posted losses.
Fitch expect large, leading Chinese copper processors to continue to actively invest in R&D of high value-added copper products, diversify their product offerings, and pursue vertical integration. For example, Tongling Nonferrous Metals Group Co., Ltd is developing precision copper foil for use in lithium batteries and other high value-added copper products.
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Wednesday, 11 November 15
VESSEL VALUES ARE DOWN BY AT LEAST 20% SINCE MID-AUGUST - INTERMODAL
I had promised not to spend another broker’s insight focusing on the dry bulk side. However, the sale of the M/V Churchill Bulker (179,362 dw ...
Tuesday, 10 November 15
SELF-HEATING OF COAL HAS EMPHASISED THE IMPORTANCE OF CHECKING THE ACCURACY OF SHIPPER'S DECLARATIONS - GARD
Recent incidents involving self-heating of coal has emphasised the importance of checking the accuracy of shipper’s declarations for all type ...
Tuesday, 10 November 15
API 5 FOB NEWCASTLE COAL SWAP SLIDES CONTINUE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $3.55 per ton (8.50%) month over month to US$ 38.20 per ton. The swap ...
Monday, 09 November 15
BUNKER PRICES TO KEEP SLIDING THIS WEEK, EXPERT SAYS - MARINE BUNKER EXCHANGE
The oil price volatility has continued this week. Two dollars up one day and the next day two dollars down. The oil market has been trading on the ...
Monday, 09 November 15
CFR SOUTH CHINA THERMAL COAL SWAP FOR Q3' 16 CONTRACT DECLINED US$ 4 PER TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 4.35 (9.03 %) per ton month over month.
A commodity swa ...
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Showing 2721 to 2725 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- White Energy Company Limited
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- PTC India Limited - India
- Central Electricity Authority - India
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