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Monday, 18 September 17
COAL PRICES WERE RELATIVELY UNCHANGED WEEK OVER WEEK - ANZ
Coal ExcavatorCOALspot.com: Coal prices were relatively unchanged, with most interest remaining in the thermal coal market said Daniel Hynes. However, falling steel and iron ore futures is likely to see coking coal come under pressure this week said Daniel Hynes, Senior Commodity Strategist at ANZ in his latest report.

Commenting on Iron Ore, He noted, the Iron ore prices fell sharply on Friday, compounding the falls from the previous day. A slew of slightly negative economic data has seen investors become increasingly cautious about the outlook for the bulk commodity.

Chinese retail sales, industrial production and fixed asset investment all showed signs of slowing. But he furhter noted, this weakness comes despite record levels of steel production. August volumes hit 74.59 million tonnes, up 0.8% from July.


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Recent News

Tuesday, 17 October 17
SULPHUR 2020: COMING, READY OR NOT - ALIBRA SHIPPING
Some 70% of shipping companies surveyed say they do not believe the industry is ready for IMO’s 2020 deadline, when a global limit of 0.5% su ...


Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...


Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...


Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...


Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...


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