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Monday, 31 December 18
THE INDONESIAN COAL MARKET Q1 '19 FORECAST: LOOKS DIRECTIONLESS - TRADER
The Indonesian coal market looks directionless, an International coal trader said when we asked him to give his forecast for 1Q' 2019. 
 
"Volatility will be high in the near future, going into 1Q' 2019, we are confusion on the direction of coal prices," said one of the marketing in-charge of the one of the largest coal mines in Indonesia. According to him, the market direction will be determined by China's next move on coal imports as well as Indonesian coal output.
 
CS (i) Coal Indexes have declined since mid of October 2018. However, last few weeks it showed slightly improved path, but could not find any firm direction of improvement.
 
Despite slides in the coal price, some traders remain positive on prices and demand going into 1Q' 2019. "We believe coal prices will improve next quarter, but not significantly," a director coal trading company based in Jakarta said. 
 
But, another International coal trader who is stationed in Jakarta, said the market will decline further in 1Q' 2019 compared to current levels.
 
However, without any doubt all executives agreed, the Chinese importers will be driving forces for Indonesian as well as International coal prices in the next year. China's coal buying pattern will directly or indirectly determine coal prices next year. The Indonesian coal output policy will also play a minor role in driving Indonesian coal prices to north or south next year.


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Recent News

Wednesday, 19 December 18
GLOBAL SHIPPING SCOUTS FOR FUTURE GROWTH - PETER SAND, BIMCO
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we sh ...


Wednesday, 19 December 18
SHIPPING MARKET INSIGHT - INTERMODAL
As another year is coming to an end, it is interesting to look at the main shipping markets and how these performed compared to 2017.  &nb ...


Tuesday, 18 December 18
COAL DEMAND WILL REMAIN STEADY THROUGH 2023, INTERNATIONAL ENERGY AGENCY SAYS - TOM DICHRISTOPHER, CNBC
Coal consumption is on the rise but will remain roughly stable over the next five years, the International Energy Agency forecasts. ...


Tuesday, 18 December 18
DRY BULK: IN ABSOLUTE TERMS, ALL MAIN SIZE SEGMENTS SAW THEIR ACTUAL VOLATILITY FIGURES DECREASE - ALLIED
Since the beginning of 2016, when the dry bulk market reached its absolute bottom, freight rates have been ever since on an upward trajectory. Taki ...


Tuesday, 18 December 18
COAL OUTLOOK BULLISH DESPITE WEAK CHINESE IMPORT DATA - HEREN, ICIS
Coal prices may appreciate over the remainder of 2018 even despite recent data showing falling imports from the world’s largest producer and ...


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