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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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Monday, 01 November 21
COAL PRICES HAVE FURTHER ROOM TO DROP: TOP ECONOMIC PLANNER - GLOBAL TIMES
China’s top economic planner said coal prices have further room to drop on Friday, as the most traded coal futures dropped to below 1,000 yua ...
Saturday, 30 October 21
CHINA'S COAL PRICES SEE BIGGEST WEEKLY FALL IN MORE THAN 5 YEARS - REUTERS
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjus ...
Saturday, 30 October 21
G-20 LEADERS PREPARE STATEMENT TO STOP FUNDING FOREIGN COAL PLANTS - BLOOMBERG
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climat ...
Friday, 29 October 21
APAC THERMAL COAL SUPPLY TO REMAIN TIGHT AS WINTER LOOMS - FITCH RATINGS
APAC thermal coal prices have surged, hitting historically high levels. The benchmark Newcastle 6,000kcal/kg grade coal reached USD228/tonne in mid ...
Thursday, 28 October 21
CANADA BAN ON SHIPPING COAL WOULD EQUAL SCRAPPING AS MANY AS 3 MILLION CARS - IEEFA
Canada ban on shipping coal would equal scrapping as many as 3 million cars
Change in Canadian policy could have major implications ...
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- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Australian Coal Association
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Planning Commission, India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- The University of Queensland
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
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