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

A Jakarta-based coal trader said he had seen numbers of inquiries from India from 4200 to 4400 GAR coal of Indonesian origin in recent days. However, availability of 4200 – 4400 GAR coal from Indonesia for spot shipments seems to be limited. According to him, the producers are offering 4200 – 4400 GAR coal for July 2016 delivery and May to June deliveries are almost sold-out.

The prices for Indonesian power-station coal also increased this week. According to CS (i) coal Index, the index was moving slightly upwards compared to previous days. The price gain may continue in coming weeks as Indian buyers step up purchases to increase stockpiles for the upcoming monsoon season, said a trader. Indian monsoon normally runs from June to September.

China is also looking for low sulfur and low ash coal from Indonesia and demand had increased significantly in recent weeks. According to a Singapore-based coal trader, China is buying significant quantities of low sulphur and low ash coal of Indonesian origin recent weeks. Requirements for ocean going ships also increased recent days, said a broker based in Singapore. Inquiries for ships from Indonesia to Philippines is also increased due banning of coal barges from Indonesia to Philippines due to security concern.

As of 27 April, CS (i) Coal Index for FOB Indonesia 5,700 kcal/kg GAR coal at US$ 47.77 a ton, up 3 cents and FOB Indonesia 5,000 kcal/kg GAR coal at US$ 38.76 a ton, up just a cent for the same period.


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Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...


Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...


Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...


Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016. The Director General of Mine ...


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


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