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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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Thursday, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...
Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...
Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...
Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...
Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
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- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Australian Coal Association
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- MS Steel International - UAE
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
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