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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

Thursday, 07 September 17
CAPESIZE: EARNINGS FOR THE BIG SHIPS KEEP UP NICELY AS DIPS ARE MODERATE AND SHORT-LIVED - FEARNLEYS
Supramax Fewer activities in the Atlantic in start of the week with the US holidays. Owners were asking around low USD 20k for trip ex USG to Far ...


Thursday, 07 September 17
TALK OF CONSTRAINTS ON CHINESE COAL OUTPUT PUSHED PRICES HIGHER - DANIEL HYNES
Commodity markets were largely higher as a weaker USD boosted investor appetite. According to Daniel Hynes, Senior Commodity Strategist at ANZ ...


Wednesday, 06 September 17
LAYTIME - CHARTERERS' RIGHTS & PORT COSTS - NORTH P&I CLUB
KNOWLEDGE TO ELEVATE In a recent London Arbitration decision (18/17) the Tribunal had to consider whether the owners were entitled to recover ...


Wednesday, 06 September 17
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The impact of Hurricane Harvey, which made landfall on 25th of August in South East coastline of Texas area has been the major concern of the shipp ...


Tuesday, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...


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