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Thursday, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bituminous Coal Swap from 3 November 2010. The extension of SGX’s OTC clearing service to the Asian coal market offers traders and physical players an effective risk management tool to support its high growth potential.
Mr Jeremy Ang, Executive Director, Commodities at Singapore Exchange said, “This new service is aimed at meeting the needs of price and counterparty risk management in the growing OTC coal swap market. Participants will gain access to an expanding and readily available pool of counterparties on SGX. This adds to the extensive list of OTC contracts SGX is already clearing.”, Mondovisione further reported.
The contract will be cash-settled against the IHS McCloskey Indonesian Sub-Bituminous FOB marker published by IHS Global Limited. The size of each contract is equivalent to 1,000 metric tonnes of physical sub-bituminous coal from Indonesia.
“We are delighted that SGX is clearing the contract which settles against the IHS McCloskey Indonesian Sub-Bituminous FOB marker,” said Mr John Howland, Publisher, IHS McCloskey. “This is a transaction based index that marks the price of coal within clearly established parameters based on coal specification and vessel loading capacity, making it truly reflective of actual prices for this quality of coal. We are confident that clearing will help increase liquidity in this growing market.”
Indonesia is the world’s top exporter of thermal coal with an annual export volume of over 230 million metric tonnes, which accounts for 31% of world’s total export. More than 70% of this is exported to Asia to satisfy growing demand.
For more information on our new clearing service, please visit SGX AsiaClear website at www.sgx.com/asiaclear
Source: Mondovisione
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Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
Friday, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...
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- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- The University of Queensland
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
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