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Monday, 15 August 16
INDONESIAN COAL PRICES RALLYING; COAL OUTPUT REMAINS FLAT
 COALspot.com: Global thermal coal prices, including Indonesian coal prices have risen sharply due to jump in imports from China as it curbs domestic output.
Indonesia coal prices are rallying along with the global coal prices since April 2016. The Asian benchmark thermal coal prices have climbed significantly since April and now at around $65 per ton. An Indonesian coal miner is expected, the Asian benchmark prices may go up further and can reach at around $ 70 – 75 by the end of this year or early next year, however, the price rally depends on China’s moves.
Average 5000 GAR coal index of Indonesian origin rose 10.84% since 15 April 2016 to averaging $42.84 per ton this past week, showing the CS (i) Coal Index weekly closing figures.
The CS (i) Coal index is newly established an independent coal benchmark forecast for Indonesian particular coal types. The CS (i) Coal indices are generated through a Technology aided system, based on COALspot’s own proprietary algorithm requiring minimal human involvement. Therefore, these can be considered as a set of highly transparent & realistic indices for the Indonesian coals of 5700, 5000, 4200 and 3800 GAR grades.
The current price rally purely because of China’s coal production policy. According to a miner, the China has decided to cut around 250 million tons of coal by the end of this year. So far or January to July 2016, the China has successfully cut around 90 million tons. The Indonesian domestic coal demands also slightly increase and the demand is expected to continue further in coming years.
Commenting on the coal price rally, a miner says that, the coal prices are expected to further strengthening coming months as China still maintains its production policy. Unless the China, one of the world’s largest coal producer and importer, alter its current restriction on coal production, the prices are expected to be high and it will continue to move upward.
Whether the Indonesian big scale coal miners are planning to increase output in the near future to enjoy the high coal prices?
It seems that the Indonesian coal producers were not planning to boost output to enjoy the recent coal price hikes at any time soon, as, according to them, the current price levels are not enough or it is not encouraging levels for them to review their coal output plan. They say, the Indonesian coal output in 2016 remains low compared to last year’s output.
Another miner also reflected the same view. “ We do not increase our output, the current price hike is not enough to cover long-term production cost”, he says when we ask whether there is any plan to review the coal production plan based on the current price levels.
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Monday, 08 August 16
THE BALTIC EXCHANGE, TRACKING RATES FOR SHIPS CARRYING DRY BULK COMMODITIES SLIDE SLIGHTLY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Panamax and Supramax segments ending in ...
Monday, 08 August 16
ARE EXPENSES INCURRED DURING NEGOTIATION OF A PIRATE RANSOM RECOVERABLE IN GENERAL AVERAGE? - CLYDE&CO
KNOWLEDGE TO ELEVATE
Facts
The laden chemical tanker LONGCHAMP was transiting the Gulf of Aden on passage to Vietnam. The ship was subject t ...
Saturday, 06 August 16
DRY BULK SHIPPING CHARTER RATES TO RISE ON UNEXPECTED DEMAND GROWTH - DREWRY
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China impo ...
Friday, 05 August 16
WEEKLY U.S. COAL OUTPUT TOTALED AN ESTIMATED 16.1 MMST IN THE WEEK ENDED JULY 30 - EIA
COALspot.com – U.S., the world’s second largest coal producers has produced approximately totalled an estimated 16.1 million short tons ...
Friday, 05 August 16
CAPESIZE : RATES ARE REMAINING AT DEPRESSING LEVELS DUE TO LACK OF FRESH CARGOES - FEARNLEYS
Supramax
Last week has been one of the slowest for some time with rates under pressure in most areas.
In its latest weekly report, shipbroke ...
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- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- The University of Queensland
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
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