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Monday, 09 January 17
FFA SUPRAMAX: Q1 AND Q2 TRADING UP TO $7100 WHILE CAL17 PRINTED $7250 - FIS
Capesize
Sentiment has swung quickly on capes and although there appears to be a very short list for open tonnage in the Atlantic Feb dates appear to be dragging heavily on the indices, Freight Investor Services said in its FFA market report recently.
According to FIS, both paper and the physical saw significant discounting early in the day (6 Jan) although paper rates stabilized and ended the week on a quiet note as it appeared much of the negativity had been priced in earlier in the day.
Panamax
“ Despite some really resistance we continued to push up today (6 Jan) on Panamax paper as the firmer ATL market continues to fuel optimism”, said FIS. According to FIS, sellers thinned out post index and buyers were left to chase an thin offer side resulting in a sluggish close to an active first week of 2017. The tone remains upbeat.
Supramax
Commenting on Supramax FFA market, Freight Investor Services says, after a fairly static start on Supramax paper we saw some renewed support return post index nudging prompts up a tick and pulling back most of last night’s losses.
“ We saw Q1 and Q2 trading up to $7100 while cal17 printed $7250 before sellers thinned out seeingly happy to wait for next (the week starting 9 Jan) week”, said FIS.
What is the Forward Freight Agreement (FFA)
Forward Freight Agreements (FFAs) are primarily transacted on a cleared basis and will normally be based on the terms and conditions of the FFABA standard contracts as adapted by the various clearing houses.
The main terms of an agreement cover:
(a) The agreed route.
(b) The day, month and year of settlement.
(c) Contract size.
(d) The contract rate at which differences will be settled.
Commissions are agreed between principal and broker. The broker, acting as intermediary only, is not responsible for the performance of the contract - Baltic Exchange
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Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...
Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?”
The on-line opinion poll conducted by COALspot.com ...
Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax
Market remained firm - true mostly within Atlantic.
Star performer USG remained its title, where Supras reached around USD 21k ...
Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...
Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA.
...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Minerals Council of Australia
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- The University of Queensland
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- White Energy Company Limited
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
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