INDUSTRY UPDATES on 24.08.2013

 
 
 
 
 
 
 
 
 



With the rupee plunging to record lows and import set to become costlier, prices of almost all pulses have increased.

In addition, fear of damage to kharif crops due to fresh spell of rain in Madhya Pradesh and neighbouring States has helped price rally.

Arrivals of pulses in mandis have declined owing to rain.

Masoor (bold) in Indore mandis on Friday ruled at Rs 4,500 a quintal, while masoor (medium) was quoted at Rs 4,100-4,200.

Prices in the past fortnight have gone up by almost Rs 250-300.

Dependency on imports may push masoor to as high as Rs 5,000, he added.

Uptrend in masoor has also lifted its dal with masoor dal (average) being quoted at Rs 5,150-75, masoor dal (medium) at Rs 5,250-75, while masoor dal (bold) ruled at Rs 5,350-75.

The Daily Alang Report for Tuesday, 06 August 2013

MARKET SUMMARY

ALANG DEMOLITION INDICATOR (ADI)

VESSEL TYPE      USD $ / LT
DRY SHIP380
BOX SHIP400
TANKER400


TOTAL TONNAGE - ALANG

PERIOD# VESSELS          L.D.T (M.T)
THIS YEAR (2013)2002,103,187
PREVIOUS YEAR (2012)4324,332,796
THIS MONTH ( AUG 2013)141,320
PREVIOUS MONTH (JUL 2013)     27331,700
WAITING FOR BEACHING11110,440
EXPECTED VESSELS13,995

FIXTURES - 6/AUG/2013

FIXTURES - 6/AUG/2013






Baltic Exchange Daily Fixture/Index List 06/08/2013



BDI 1046 (DOWN 12) BCI 1907 (DOWN 32) BPI 992 (DOWN 17)

BSI 907 (DOWN 1) BHSI 526 (DOWN 1)

Last published BDTI 618 (No change) BCTI 612 (DOWN 6)



TIMECHARTER



'Bergen Trader I' 2012 81600 dwt dely Antwerp spot 2/3 laden legs 1st

The Daily Alang Report for Saturday, 03 August 2013

ALANG DEMOLITION INDICATOR (ADI)
VESSEL TYPE      USD $ / LT
DRY SHIP380
BOX SHIP400
TANKER400


TOTAL TONNAGE - ALANG

PERIOD# VESSELS          L.D.T (M.T)
THIS YEAR (2013)1992,061,867
PREVIOUS YEAR (2012)4324,332,796
THIS MONTH ( AUG 2013)00
PREVIOUS MONTH (JUL 2013)     27331,700
WAITING FOR BEACHING9114,572
EXPECTED VESSELS222,320

The Daily Alang Report for Friday, 02 August 2013

MARKET SUMMARY

ALANG DEMOLITION INDICATOR (ADI)
VESSEL TYPE      USD $ / LT
DRY SHIP380
BOX SHIP400
TANKER400


TOTAL TONNAGE - ALANG
PERIOD# VESSELS          L.D.T (M.T)
THIS YEAR (2013)1992,047,897
PREVIOUS YEAR (2012)4324,332,796
THIS MONTH ( AUG 2013)00
PREVIOUS MONTH (JUL 2013)     27331,700
WAITING FOR BEACHING782,143
EXPECTED VESSELS454,749

FIXTURES - 02/08/2013

FIXTURES - 02/08/2013






BDI 1065 (DOWN 1) BCI 1950 (UP 15) BPI 1021 (DOWN 20)

BSI 908 (DOWN 1) BHSI 529 (DOWN 1)

Last published BDTI 618 (DOWN 6) BCTI 622 (UP 7)





TIMECHARTER



'Blue Cho Oyu' 2011 180161 dwt dely Redcar 1/2 Aug 2 laden legs 1st

USEC/Black Sea and 2nd Black Sea redel Singapore-Japan $21000 daily -

Vista

'Orient Vesta' 2010 180136 dwt dely Japan 12/14 Aug trip via EC

FIXTURES- 01/08/2013

FIXTURES- 01/08/2013







BDI 1066 (UP 4) BCI 1935 (UP 54) BPI 1041 (DOWN 16)

BSI 909 (DOWN 3) BHSI 530 (DOWN 1)

Last published BDTI 624 (DOWN 14) BCTI 615 (UP 9)





TIMECHARTER



'Aquacharm' 2003 171009 dwt dely Lanshan 3/5 Aug trip via EC

Australia redel China $12500 daily - Jiangsu Steamship

'Blue Wave' 2011 87340 dwt dely aps Indonesia ppt trip redel

Singapore-Japan $6000 daily + $85000 bb - Oldendorff

'Xenia' 2006 87000 dwt dely Yura 1/4 Aug trip via Australia redel

Singapore-Japan $8500 daily - cnr

'Aristidis' 2013 82177 dwt dely Lanshan 3/8 Aug trip via US Gulf

redel Singapore-Japan $9650 daily - Louis Dreyfus

'Navios Avior' 2012 81355 dwt dely Dongguan ppt trip via Indonesia

redel Taiwan $6750 daily - Norden

'Wadi Alkarm' 2011 80533 dwt dely Port Kembla 16/21 Aug trip redel

INDUSTRY UPDATES - 01/08/2013

Power, fertilizer ministries may oppose increase in gas price





The government may not be able to raise the prices of natural gas as much as it wants to because the fertilizer and power ministries have reservations on the recommended pricing formula.The proposed freeing of gas prices and a resultant increase will directly benefit local producers such as Mukesh Ambani-led Reliance Industries Ltd and state-owned Oil and Natural Gas Corp. Ltd and Oil India Ltd.



A panel led by C. Rangarajan, the Prime Minister’s economic adviser, in December suggested a system that would price the fuel at $8-8.5 per million metric British thermal units (mmBtu). This compares with the current domestic prices that range between $3.5 and $5.73 per mmBtu. Imported natural gas costs around $14.17 per mmBtu.Finance minister P. Chidambaram said in his budget presentation on 28 February that the government will review its pricing policy on natural gas and remove uncertainties in this regard.



The fertilizer ministry may object to the Rangarajan formula and instead suggest the fuel be priced at around