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Tuesday, 12 April 16
NO FURTHER SIGNIFICANT COAL PRICE DECLINES IN THE FUTURE - FITCH
Fitch RatingsCOALspot.com: Fitch does not expect further significant coal price declines because producers sector-wide are suffering losses while China and Indonesia are taking steps to reduce capacity.

However, according to Fitch, in China, the central government's efforts to reduce capacity in the coal industry have yet to have a material impact. Fitch believes a significant price rebound is unlikely in the short term due to weak demand in China, and still an over-supplied seaborne thermal coal market.
 
The coal price to remain flat in 2016, and recover by around 5% a year in 2017 and 2018, says Fitch recently in one of its rating case for one of the coal miner.  


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Recent News

Friday, 29 April 16
U.S. COAL IMPORTS IN Q4' 15 DECLINED TO 2.7 MMST FROM 3 MMST IN Q3' 15
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.3 million short tons (mm ...


Thursday, 28 April 16
PRICES OF POWER-STATION COAL IN INDONESIA IS INCREASING
COALspot.com: Inquiries for Indonesian 4200 - 4400 Kcal/kg GAR thermal coal cargoes from India suddenly increase recent days. A Jakarta-based ...


Thursday, 28 April 16
KOMIPO TO IMPORT 710K MT OF BITUMINOUS COAL DURING JULY - SEPTEMBER 2016
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 710,000 Metric Tons of Bituminous Coal for its B ...


Thursday, 28 April 16
CAPE: BIT MORE OPTIMISM IN THE MARKET; SUPRAMAX: FORWARD CURVE IS FALLING - FEARNLEYS
Cape A bit of a slower week. Activity level has dropped, though the rates do still remain firm, says Fearnleys in its latest weekly report. ...


Wednesday, 27 April 16
THE OCEAN SHIPPING EXPERIENCED DRAMATIC VOLATILITY IN THE BEGINNING OF 2016 - PANOS TSILINGIRIS
Shipping’s new (ab)normal The global economy and ocean shipping experienced dramatic volatility in the beginning of 2016 and as the glob ...


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