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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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Saturday, 11 September 21
RECORD CHINESE COAL FUTURES SIGNAL NEED TO BOOST OUTPUT - REUTERS
China’s coal prices have climbed to a record high, signaling the need for more production in the short term, even as the government tries to ...
Saturday, 11 September 21
IN 2022, EIA EXPECTS U.S. COAL PRODUCTION TO INCREASE BY 47 MMST TO 648 MMST
U.S. Coal production accordng to EIA's forecast, totals 601 million short tons (MMst) in 2021, 66 MMst more than in 2020, EIA's Short-Term ...
Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions ...
Wednesday, 08 September 21
COAL IS STILL KING; INDONESIAN COAL PRICE REFERENCE ABOVE $150 FOR FIRST TIME IN HISTORY
COALspot.com: The Indonesian Coal Price Reference rose dramatically from US$ 127.05 in February 2011, to a peak of US$ 150.03 in September 2021, be ...
Wednesday, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...
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- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
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