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Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rates across vessel segments.
The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 150 points, or 3.4%, to 4,560, its highest since November 2009.
Strong iron ore and coal trades are driving dry bulk rates higher, brokerage Jefferies said in a note.
“Congestion and other inefficiencies related to COVID-19 and geopolitical tensions are benefiting the dry bulk market by removing effective fleet supply,” it said.
The capesize index increased by 415 points, or 6.1%, to 7,200, hitting its highest in 12 years.
Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, rose by $3,446 to $59,715.
Increasing iron ore production and exports from Brazil and Australia, as well as coal demand from India and China to replenish stocks ahead of a colder winter, has aided the rise in the capesize segment, Jefferies said.
Iron ore futures in Asia rebounded on Wednesday, although doubts lingered whether gains could be sustained given the collapse in China’s demand and improving supply prospects.
The panamax index rose 31 points, or 0.8%, to 3,961, its highest in more than ten weeks.
Average daily earnings for panamaxes, which ferry 60,000-70,000 tonne coal or grain cargoes, increased by $274 to $35,647.
Among smaller vessels, the supramax index rose for a sixth straight session, adding 11 points to 3,338, its highest in over two weeks.
Source: Reuters
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Tuesday, 07 December 21
COAL FIRMS SEE SHARE PRICES SURGE MONDAY, AFTER GOVERNMENT READJUSTS CONTRACT PRICES - GLOBAL TIMES
Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal pric ...
Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
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- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
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