COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 13 March 12
EUROPEAN COAL CONTANGO: FURTHER STEEPNESS REQUIRED TO MAKE LARGE SCALE PHYSICAL TIME SPREAD ARBITRAGE MORE ATTRACTIVE - MISWIN MAHESH, BARCLAYS CAPITAL


COALspot.com - "With the contango between the Y+1 and M+1 ARA delivered contract now averaging above the $14/t level, there is an increasing interest among market participants on whether this would warrant a physical arbitrage of placing coal on storage now for deferred consumption to extract value from the curve", said Miswin Mahesh, a commodities analyst at Barclays Capital in London.

According to Miswin, the current contango however, is yet to incentivize a larger percentile of physical market players, given their limited access to cost efficient storage facilities (in contrast to utilities that have their own backyard). Infact for the wider spectrum of market players, current storage costs at the ARA ports average $15/t for a year, along with other costs associated with discharging from board onto barge, barge onto stock and re-loading from stock (that add another $7/t), while surcharges and other expenses add another marginal amount. The limited storage space available at these terminals also need to be accounted for.

"We would therefore expect opportunistic demand for the purpose of storage to be more attractive only if prices were to widen above the $ 20/t level. And given that the European coal markets are entering a seasonally lacklustre period for coal burn with ample stocks at the ARA discharging ports, while country specific instances such as the oncoming peak of the German renewable season is likely to challenge the call on coal fired generation further", he added further.

These factors are likely to keep prompt prices soft, and the contango is likely to remain steep through this quarter as well.

About Miswin Mahesh
Miswin Mahesh is a commodities analyst at Barclays Capital in London, specializing in the coal, freight and crude oil markets. Miswin is a graduate of the Duisenberg School of Finance in Amsterdam.

He graduated with a double masters, an MSc in Corporate Finance and Banking and a Masters degree in International Finance from the University of Amsterdam. Miswin builds his insight on international trade flows from his experience in the Middle East, India, Africa and Europe.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...


Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...


Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...


Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...


Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months.   ...


   968 969 970 971 972   
Showing 4846 to 4850 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • ING Bank NV - Singapore
  • Berau Coal - Indonesia
  • Enel Italy
  • JPower - Japan
  • Holcim Trading Pte Ltd - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • Romanian Commodities Exchange
  • CIMB Investment Bank - Malaysia
  • Intertek Mineral Services - Indonesia
  • Coastal Gujarat Power Limited - India
  • Bhoruka Overseas - Indonesia
  • Surastha Cement
  • Adani Power Ltd - India
  • Coalindo Energy - Indonesia
  • CESC Limited - India
  • Platou - Singapore
  • GMR Energy Limited - India
  • Savvy Resources Ltd - HongKong
  • Krishnapatnam Port Company Ltd. - India
  • Renaissance Capital - South Africa
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • RBS Sempra - UK
  • Bukit Makmur.PT - Indonesia
  • Makarim & Taira - Indonesia
  • Indogreen Group - Indonesia
  • TNPL - India
  • World Bank
  • Merrill Lynch Commodities Europe
  • Bukit Asam (Persero) Tbk - Indonesia
  • Borneo Indobara - Indonesia
  • Vedanta Resources Plc - India
  • Deutsche Bank - India
  • Ministry of Transport, Egypt
  • Cosco
  • Larsen & Toubro Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Coal Orbis AG
  • ICICI Bank Limited - India
  • Georgia Ports Authority, United States
  • Bayan Resources Tbk. - Indonesia
  • Madhucon Powers Ltd - India
  • Inspectorate - India
  • bp singapore
  • Idemitsu - Japan
  • Interocean Group of Companies - India
  • Coal India Limited
  • Simpson Spence & Young - Indonesia
  • KOWEPO - South Korea
  • Vijayanagar Sugar Pvt Ltd - India
  • IBC Asia (S) Pte Ltd
  • Xindia Steels Limited - India
  • World Coal - UK
  • Metalloyd Limited - United Kingdom
  • Sakthi Sugars Limited - India
  • Indian Energy Exchange, India
  • Tata Chemicals Ltd - India
  • Moodys - Singapore
  • ACC Limited - India
  • Electricity Authority, New Zealand
  • SRK Consulting
  • Mintek Dendrill Indonesia
  • Barasentosa Lestari - Indonesia
  • Essar Steel Hazira Ltd - India
  • Japan Coal Energy Center
  • International Coal Ventures Pvt Ltd - India
  • The India Cements Ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Kapuas Tunggal Persada - Indonesia
  • Indian Oil Corporation Limited
  • Kaltim Prima Coal - Indonesia
  • Tata Power - India
  • Attock Cement Pakistan Limited
  • Marubeni Corporation - India
  • IEA Clean Coal Centre - UK
  • Therma Luzon, Inc, Philippines
  • Semirara Mining Corp, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • TANGEDCO India
  • Mercuria Energy - Indonesia
  • Aboitiz Power Corporation - Philippines
  • The State Trading Corporation of India Ltd
  • Heidelberg Cement - Germany
  • GN Power Mariveles Coal Plant, Philippines
  • KPMG - USA
  • PLN - Indonesia
  • Price Waterhouse Coopers - Russia
  • Petrosea - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Aditya Birla Group - India
  • IMC Shipping - Singapore
  • Straits Asia Resources Limited - Singapore
  • Ind-Barath Power Infra Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Asian Development Bank
  • Thriveni
  • Qatrana Cement - Jordan
  • Arutmin Indonesia
  • Kumho Petrochemical, South Korea
  • Banpu Public Company Limited - Thailand
  • Rashtriya Ispat Nigam Limited - India
  • Thermax Limited - India
  • Bank of America
  • Chettinad Cement Corporation Ltd - India
  • Eastern Coal Council - USA
  • Eastern Energy - Thailand
  • PTC India Limited - India
  • Central Java Power - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Kohat Cement Company Ltd. - Pakistan
  • Kideco Jaya Agung - Indonesia
  • Commonwealth Bank - Australia
  • Rio Tinto Coal - Australia
  • European Bulk Services B.V. - Netherlands
  • Maheswari Brothers Coal Limited - India
  • Formosa Plastics Group - Taiwan
  • IHS Mccloskey Coal Group - USA
  • Maruti Cements - India
  • Sree Jayajothi Cements Limited - India
  • Wood Mackenzie - Singapore
  • ETA - Dubai
  • Malabar Cements Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • India Bulls Power Limited - India
  • Credit Suisse - India
  • Baramulti Group, Indonesia
  • Deloitte Consulting - India
  • Argus Media - Singapore
  • Cement Manufacturers Association - India
  • San Jose City I Power Corp, Philippines
  • Parliament of New Zealand
  • Mechel - Russia
  • Cigading International Bulk Terminal - Indonesia
  • Samtan Co., Ltd - South Korea
  • Binh Thuan Hamico - Vietnam
  • Bukit Baiduri Energy - Indonesia
  • NTPC Limited - India
  • ASAPP Information Group - India
  • GAC Shipping (India) Pvt Ltd
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Fearnleys - India
  • WorleyParsons
  • Infraline Energy - India
  • Coaltrans Conferences
  • Altura Mining Limited, Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Cargill India Pvt Ltd
  • Bhatia International Limited - India
  • SGS (Thailand) Limited
  • Bank of China, Malaysia
  • Karaikal Port Pvt Ltd - India
  • Xstrata Coal
  • Geoservices-GeoAssay Lab
  • Barclays Capital - USA
  • globalCOAL - UK
  • Power Finance Corporation Ltd., India
  • Pinang Coal Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Global Coal Blending Company Limited - Australia
  • Minerals Council of Australia
  • Wilmar Investment Holdings
  • Noble Europe Ltd - UK
  • EIA - United States
  • Freeport Indonesia
  • PetroVietnam
  • SMG Consultants - Indonesia
  • Adaro Indonesia
  • Australian Commodity Traders Exchange
  • Ceylon Electricity Board - Sri Lanka
  • White Energy Company Limited
  • Semirara Mining and Power Corporation, Philippines
  • Ambuja Cements Ltd - India
  • Siam City Cement PLC, Thailand
  • Gresik Semen - Indonesia
  • Maybank - Singapore
  • Vizag Seaport Private Limited - India
  • Standard Chartered Bank - UAE
  • SMC Global Power, Philippines
  • Cemex - Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • HSBC - Hong Kong
  • Siam City Cement - Thailand
  • Malco - India
  • GVK Power & Infra Limited - India
  • Central Electricity Authority - India
  • Panama Canal Authority
  • Platts
  • Carbofer General Trading SA - India
  • Arch Coal - USA
  • JPMorgan - India
  • Humpuss - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Lanco Infratech Ltd - India
  • U S Energy Resources
  • Lafarge - France
  • Oldendorff Carriers - Singapore
  • OCBC - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • KEPCO - South Korea
  • Star Paper Mills Limited - India
  • SUEK AG - Indonesia
  • Asia Cement - Taiwan
  • Core Mineral Indonesia
  • GB Group - China
  • ANZ Bank - Australia
  • BNP Paribas - Singapore
  • IOL Indonesia
  • Manunggal Multi Energi - Indonesia
  • DBS Bank - Singapore
  • Global Business Power Corporation, Philippines
  • Thailand Anthracite
  • McKinsey & Co - India
  • Permata Bank - Indonesia
  • UOB Asia (HK) Ltd
  • Electricity Generating Authority of Thailand
  • Ince & co LLP
  • Petrochimia International Co. Ltd.- Taiwan
  • GNFC Limited - India
  • Bangladesh Power Developement Board
  • Cardiff University - UK
  • TGV SRAAC LIMITED, India
  • GHCL Limited - India
  • Agrawal Coal Company - India
  • Edison Trading Spa - Italy
  • Kalimantan Lumbung Energi - Indonesia
  • Glencore India Pvt. Ltd
  • Kepco SPC Power Corporation, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • APGENCO India
  • Jindal Steel & Power Ltd - India
  • Antam Resourcindo - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • NALCO India
  • Chamber of Mines of South Africa
  • Planning Commission, India
  • Port Waratah Coal Services - Australia
  • Indorama - Singapore
  • BRS Brokers - Singapore
  • London Commodity Brokers - England
  • New Zealand Coal & Carbon
  • PowerSource Philippines DevCo
  • Indika Energy - Indonesia
  • Sucofindo - Indonesia
  • Energy Development Corp, Philippines
  • PNOC Exploration Corporation - Philippines
  • Coeclerici Indonesia
  • Bharathi Cement Corporation - India
  • Britmindo - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Mjunction Services Limited - India
  • Inco-Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Bangkok Bank PCL
  • Mercator Lines Limited - India
  • SASOL - South Africa
  • Runge Indonesia
  • MEC Coal - Indonesia
  • Jaiprakash Power Ventures ltd
  • PetroVietnam Power Coal Import and Supply Company
  • The Treasury - Australian Government
  • Economic Council, Georgia
  • Merrill Lynch Bank
  • KPCL - India
  • Posco Energy - South Korea
  • Russian Coal LLC
  • Sical Logistics Limited - India
  • Bulk Trading Sa - Switzerland
  • Samsung - South Korea
  • Bahari Cakrawala Sebuku - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Toyota Tsusho Corporation, Japan
  • The University of Queensland
  • Independent Power Producers Association of India
  • CNBM International Corporation - China
  • Vale Mozambique
  • Cebu Energy, Philippines
  • Thomson Reuters GRC
  • Medco Energi Mining Internasional
  • Tanito Harum - Indonesia
  • Salva Resources Pvt Ltd - India
  • VISA Power Limited - India
  • TeaM Sual Corporation - Philippines
  • Shenhua Group - China
  • J M Baxi & Co - India
  • Parry Sugars Refinery, India
  • Thai Mozambique Logistica
  • Energy Link Ltd, New Zealand
  • Reliance Power - India
  • Videocon Industries ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Peabody Energy - USA
  • Grasim Industreis Ltd - India
  • Orica Australia Pty. Ltd.
  • LBH Netherlands Bv - Netherlands
  • Petron Corporation, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Kobe Steel Ltd - Japan
  • Kobexindo Tractors - Indoneisa
  • Maharashtra Electricity Regulatory Commission - India
  • UBS Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • CoalTek, United States
  • Anglo American - United Kingdom
  • Vitol - Bahrain
  • Jatenergy - Australia
  • Mitsui
  • Mitra SK Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Dalmia Cement Bharat India
  • Total Coal South Africa
  • South Luzon Thermal Energy Corporation
  • Maersk Broker
  • Gupta Coal India Ltd
  • Uttam Galva Steels Limited - India
  • Singapore Mercantile Exchange
  • Mitsubishi Corporation
  • Latin American Coal - Colombia
  • Coal and Oil Company - UAE
  • Africa Commodities Group - South Africa
  • Globalindo Alam Lestari - Indonesia
  • Thiess Contractors Indonesia
  • Ministry of Finance - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Riau Bara Harum - Indonesia
  • Tamil Nadu electricity Board
  • TRAFIGURA, South Korea
  • Pendopo Energi Batubara - Indonesia
  • Goldman Sachs - Singapore
  • Iligan Light & Power Inc, Philippines
  • Gujarat Sidhee Cement - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bhushan Steel Limited - India
  • Rudhra Energy - India
  • CCIC - Indonesia
  • McConnell Dowell - Australia
  • Indian School of Mines
  • MS Steel International - UAE
  • Australian Coal Association
  • Shree Cement - India
  • Indonesia Power. PT
  • EMO - The Netherlands
  • Clarksons - UK
  • PLN Batubara - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Indonesian Coal Mining Association
  • Global Green Power PLC Corporation, Philippines
  • Meralco Power Generation, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Trasteel International SA, Italy
  • Sojitz Corporation - Japan
  • Ministry of Mines - Canada