Weekly Market Summary

(Global Dry Bulk • Coal • Nickel • Freight • Port Conditions)

Welcome to the SMARTIN Weekly Market Summary — a consolidated snapshot of major developments across dry bulk commodities, freight markets, and regional port operations. This report is prepared to support chartering, trading, procurement, and logistics decisions across SMARTIN’s network.

📌 1. Dry Bulk Freight Overview

Pacific Market (PAC)

• Supramax/Ultramax sentiment remains steady with balanced supply/demand.
• Indonesia coal stems continue to dominate fixtures, especially to India, China, and Vietnam.
• Owners show resistance on short trips due to bunker volatility and weather disruptions.

Indian Ocean (IO)

• ECI iron ore cargo flow remains stable; freight levels show mild upward pressure.
• WC India salt and clinker demand is improving, tightening tonnage slightly.

Atlantic Market (ATL)

• USG remains active with grains and petcoke; tonnage supply is tightening.
• Med/Cont market mixed — weather delays and congestion affecting schedules.

📌 2. Coal Market Update

Indonesia (GAR 3800–5000)

• FOB prices stable; buyers cautious but steady demand from China and India.
• Rainfall continues to affect loading schedules in Kalimantan and Sumatra.

Australia (NAR 5500–6000)

• Strong demand from Northeast Asia; freight premiums remain elevated.
• Supply disruptions easing but still present in certain terminals.

China Domestic Market

• Local coal production stable; import appetite remains healthy due to cost advantage.
• Power sector consumption steady as temperatures rise.

📌 3. Nickel & Ferroalloy Market

Nickel Ore (Philippines)

• Shipments steady; weather disruptions moderate.
• Chinese NPI producers maintaining stable demand.

Ferroalloys

• FeNi prices stable; stainless steel production outlook neutral.
• Indonesia smelters operating normally with consistent export flow.

📌 4. Port & Weather Conditions

Indonesia

• Kalimantan: Intermittent rain causing minor delays.
• Sumatra: Loading operations stable; occasional swell conditions.

India

• East Coast: Congestion easing; weather stable.
• West Coast: Monsoon impact decreasing; operations improving.

China

• Southern ports: Typhoon season monitoring continues.
• Northern ports: Smooth operations; minimal weather disruptions.

📌 5. SMARTIN Outlook (Next 7 Days)

• Freight market expected to remain steady with mild upward pressure.
• Coal demand from India and China likely to stay firm.
• Weather disruptions in Indonesia may continue to affect loading schedules.
• Nickel ore flow stable; no major supply shocks expected.
• Port congestion expected to ease gradually across India and China.