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Sunday, 26 May 13
AMPLE SUPPLY, LOW DEMAND KEEP COAL PRICES UNDER PRESSURE
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost 0.07 percent and API 8 CFR South China Coal shipment lost 0.06percent day on day as of Friday, 24 May 2013, according to the data released by AsiaClear OTC coal swaps on Friday.
SGX has launched API 8 CFR South China Coal Swap on 29 April 2013.
A commodity swap is a financial agreement whereby a floating, or spot; price is exchanged for a fixed rate over a specified contract period.
DSP of SGX AsiaClear OTC Coal Swaps - Sub-Bit FOB Indonesia Coal
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Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.68 percent week on week but lost 0.07 percent on day on day as of Friday, 24May 2013, AsiaClear OTC coal swap's report said. Sub-Bit FOB Indonesia coal swap for average July 2013 delivery was opened on 20 May 2013 at US$ 62.97 pmt and closed at US$ 63.40 per MT on 24 May 2013.
July 2014 deliveries for the sub-bit Indonesia coal swap was opened at US$ 65.22 pmt on 20 May 2013 and closed at US$ 65.15 per MT on 24 May 2013. Average July 2014 delivery price has flat day on day and US$ 0.07 PMT week on week.
The sub-bit Indonesia's coal swaps for Cal 2014 delivery gained all day on day, week on week and month on a month.
AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$ 2.45 (3.86 %) higher compared to average July 2013 delivery price of US$ 63.40 on 24 May 2013. In the meantime, the July 2014 coal swap has closed US$ 1.75 (2.76 %) higher than July 2013 swap for the same period.
The Friday’s the sub-bit Indonesia's coal swaps for July 2013, delivery gained US$ 0.88 (1.40 %) compared to for the same period last month. In the meantime, July 2014 delivery also lost US$ 0.80 (1.21 %) M-O-M.
Sub-Bit Indonesia coal swap July 2013 delivery lost day on day but gained week on week and month on a month. In the meantime, July 2014 flat date on day but lost week on week and month on month. Average calendar 2014 supplies gained day on day, week on week and month on a month.
The sub-bit Indonesia's coal swap for July 2013 has achieved highest price on 22 and 23 of May 2013. In the meantime, swap has reached its lowest level on 20 May 2013.
DSP of SGX AsiaClear OTC Coal Swaps - API 8 CFR South China Coal
SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 replaced the previous swap.
API 8 CFR South China Coal shipment for average July 2013 delivery price lost US$ 0.05 per mt day on day but gained 1.50per cent week on week as of Friday, 24 May 2013.
The average July 2014 and cal 2014 delivery price also followed July 2013 lost slightly Day on Day.
The contract for the July 2013 and July 2014 prices gained US$ 1.23 and US$ 0.35 per MT respectively week on a week. July 2014 delivery price closed at US$ 86.55 a ton on 24 May 2013. Calendar 2014 API 8 CFR South China Coal shipment prices gained US$ 0.62PMT week on week but lost day on day.
API 8 CFR South China Coal swap for average calendar 2014 delivery closed US$ 3.23 (3.88 %) higher compared to average July 2013 delivery price of US$ 83.10 on 24 May 2013. In the meantime, the July 2014 coal swap has closed US$ 3.45 PMT (4.15%) higher than July 2013 swap for the same period.
API 8 CFR South China Coal swaps for July 2013 delivery have achieved a highest price on 23 May 2013. In the meantime, swap has experienced a lowest level on 20 May 2013.
Low GCV coal import ban
According to reports from medias and Platts, China's National Energy Administration is considering a proposal to ban the import of coal with calorific value on NAR basis below 4540 kcal/kg.
The media reports are further saying that, if the ban materialized, then it would favor Australian, US, Russian and Colombian coal producers who used to produce higher GCV coal. In other hand, the Indonesian coal producers will get hit heavily as majority of Indonesian coal productions are categorized as lower calorific value coal, and the majority of low GCV coal also depends on India and China market. Indonesian domestic market is able consume only around 80 million tons of coal per annum.
According to banks and coal industry analysis, Indonesia is currently exporting at least 50 million tons of low GCV coal per annum to China. If the China’s National Energy Administration go-ahead with its plan to ban coal with calorific value below 4540 kcal/kg on NAR basis, then Indian coal consumers will enjoy a low-price coal from Indonesia.
In the meantime, if Chinese proposed ban implemented, then it would put pressure on Indonesia's low GCV coal producers, specifically small-scale coal producers. It will also put pressure on high GCV coal consumers, as higher GCV coal prices will move stronger than now.
"If Chinese ban executed, this legislation could be the market-changing catalyst thermal coal has been desperately seeking," Macquarie said, as quoted by medias.
Low GCV coal export ban?
However, market doesn't know how Indonesian government will react on this ban proposal, as Indonesia also drafted a regulation during 2nd half of 2011 to ban the export of coal with calorific value below 5700 on GAD basis by 12 January 2014. The regulation was suspended or delayed due to protest from Indonesian low calorific value coal producers. According to mining law 4/2009 and subsequent regulations, unprocessed or the coal that not added any value will be banned by 12 January 2014 for export.
If China executes its ban, then indirectly the regulation may help the Indonesian government to implement its original plan to ban low GCV coal exports.
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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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Showing 6 to 10 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
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