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Newcastle coal futures, the benchmark for top consuming region Asia, were trading above the $400-per-tonne mark and just shy of a record peak touched in early March amid robust demand and persistent supply disruptions exacerbated by the war in Eastern Europe. The International Energy Agency sees coal consumption in Europe rising by 7% in 2022 on top of last year’s 14% surge, with the continent now turning to seaborne coal from South Africa, Indonesia, and even as far away as Australia as it halts imports from Russia. Demand for coal in India, the world’s second-biggest coal importer behind China, is expected to rise almost 10% in 2022 as the country’s economy expands and electricity use increases. Markets were tight even before the invasion as soaring natural gas prices in Europe and Asia in late 2021 intensified gas-to-coal switching in many countries.
5TC 6076$ +56%
BCI 5 T/C routes 180000 6076 2189
BPI 5 T/C routes 82500 11442 373
BSI 10 T/C routes 58328 16658 -489
BHSI 7 T/C routes 38200 15650 -196
BDI INDEX 1086 +84
Freight futures am update
Capesize up ~7%
Panamax up ~9%
Freight futures am update Capesize up ~5% Panamax up ~10%
Ovdje je teško predvidjeti bilo što u nadolazećim danima…
Novi val optimizma, od crnjacenja do zelenila. Indija, Kina, EU glad za ugljenom i zitom izgleda da se budi na zadnjem kvartalu kako smo spominjali. Nadamo se da ce potrajati po predviđanju do kraja godine. Nece se Kinezi predati tek tako pred izbore… Cape +8% pana +7%
Cape iskace iz kolosijeka mozda preskoci prethodne vrhove🤔🙃 tko to danas moze predvidjeti? Ajmo vidjeti do kraja godine nove najvise razine…
BDI 1.256 +3,54%
BCI 756 +12,50%
BPI 1.922 +3,06%
BSI 1.473 -0,14%
BHSI 874 +0,11%