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Tuesday, 20 December 16
TRADE HAS FELT ITS BUMPS AND SHAKES THIS YEAR - GEORGE LAZARIDIS
 Trade has felt its bumps and shakes this year, as growing populist protectionist and nationalist movements in the Western world start to take hold.
According to Allied shipping research, Trade openness has been on a slowing down path for several years now, with trade deals finding it difficult to take root and progress given the growing economic issues being faced. The number of skeptics over globalization and openness towards trends has risen sharply, as growing inequality, slow economic growt rates and increased trade deficits in most of the OECD countries causes excess internal political friction. Let’s not forget what a crucial role this has plaid in some of the biggest political upsets this year, all from the Brexit vote over to the U.S. presidential election results. This does not look like it’s in any mood of easing just yet and as things stand now, we are likely to see further upsets during the coming 12 months that could cause further turmoil in the global markets.
George Lazaridis Head of Market Research & Asset Valuations of Allied further said, behind the scenes this tension between trading partners has been growing further. A messy trade battle is currently underway within the World Trade Organisation, a battle unrelated to any Trump or Farage. China has for years been criticized by most of the OECD countries as not adhering to the international “fair play” of trade. Given its status under the WTO as a “non-market” economy, its trading partners were allowed to treat it as such and slap anti-dumping duties on Chinese imports in order to counter what they saw as unfair subsidized credit, energy and raw materials given to Chinese companies by the state. This was up until last Sunday, whereby this 15-year agreement giving China’s trading partners the ability to treat it as a “non-market” market economy was due to expire, though as it seems America and Europe where unwilling to do so. This contesting has now put forth in motion a lengthy (could take up to two years) legal dispute within the WTO court for which sloppy legal drafting of what the clear definition of what a “market economy” is will be disputed from both sides. These sort of issues might not have imminent market effects but just go a step further to highlight the tensions that currently hold between nations for matters related to trade. All this therefore shows how hard it is nowadays to for further trade agreements to gain momentum and support, while older agreements are strongly contested and threatened of falling apart, said George Lazaridis Head of Market Research & Asset Valuations of Allied.
He added that it is not all doom and gloom, as at the same time we have recently seen glimpse of hope which have likely been motivated by the mistakes of the past and the growing fear that open and free trade could collapse at a drop of a hat. Over the weekend we had a statement by the EU’s chief trade negotiator with Japan announcing that the current free-trade deal being negotiated is close to being signed as early as next year. This is a fairly major deal, being between the world’s second and fourth largest economies by GDP and also by the fact that Japan is Europe’s second largest trading partner after China in the East. It is major deal under way like this and the recently signed deal between Canada and Europe that shows hope that there is still appetite for further openness to be achieved, while the recent criticism that has been reflected in major political polls and referendums is serving as more of a guidance to the undergoing negotiations that past mistakes must be avoided and more must be done at home to better balance the nock on effects and shifting production requirements.
A difficult year lays ahead for free trade but it seems that there are still supporters out there who hold firm belief to its overall benefits, he concluded.
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Monday, 21 November 16
CHINA IS ESTIMATED TO SEE HIGHEST IMPORTED COAL DEMAND LEVEL IN 2017, POLL SAYS
“Which country is estimated to see highest imported coal demand level in 2017?”
The on-line opinion poll conducted by COALsp ...
Monday, 21 November 16
KOMIPO IS LOOKING FOR 140K MT OF SUB-BITUMINOUS COAL FOR FEB-MAR 2017 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 140,000 Metric Tons of Sub-Bituminous coal for i ...
Monday, 21 November 16
BALTIC DRY INDEX SURGES TO 1257 POINTS W/E 18 NOV; BPI ROSE 37.3% W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rally continues this past week and ending on a positive n ...
Friday, 18 November 16
CAPESIZE: THE COMMODITIES PRICES ARE INCREASING, RESULTING IN MORE DEMAND AND CONSEQUENTLY RATES ARE MAKING A BIG JUMP - FEARNLEYS
Supramax
Apart from booming S. Africa where owners have obtained USD 14-15k to MEG/India and around mid USD 12k to China, the Pacific market has ...
Friday, 18 November 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.8 MMST, DOWN 0.8%, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...
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Showing 2206 to 2210 news of total 6871 |
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- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
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