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
Saturday, 23 June 12
COAL PRICES APPETITE FOR ROLLER-COASTER RIDES


COALspot.com - SGX AsiaClear OTC Coal Swaps have suffered something of a roller-coaster ride in terms of prices during this week. SGX’s Indonesian sub-bituminous coal and CFR South China coal contracts swaps for August delivery lost its direction during this week, but ended with a  little positive trend.

SGX’s Indonesian sub-bituminous coal swaps for August delivery dropped only 0.58 percent WoW and CFR South China coal contracts drops only 0.28 percent on W-o-W.

According to DSP of SGX AsiaClear OTC coal swaps, Indonesian sub-bituminous coal swaps for August 2012 delivery closed at US$ 62.13 / MT on 22 June 2012 (Friday), 8pm SG Time compared to Monday opening of US$ 61.77 / MT.  Indonesian sub-bituminous coal swaps gained 0.58 percent compared to Monday (18/6/2012) Opening and Friday (22/6/2012) closing. In the meantime, CFR South China coal contracts closed at US$ 86.25 on Friday instead of US$ 86.50 on Monday opening.



The August 2012 swap contract for Indonesia sub-bituminous coal was opened on Monday at US$ 61.77 / MT and closed on Friday at US$ 62.13 / MT gained US$ 0.36 (0.58 percent W-o-W) , according to SGX AsiaClear OTC Coal Swaps.

CFR South China Coal contracts fell US$  0.25 (-0.28 percent W-o-W) to US$  86.25 per mt for the same period. Indonesia sub-bituminous coal August delivery  gained 1.88 percent US$ 1.15 per ton DoD and CFR South China Coal gained 0.46 percent or US$ 0.40 per ton DoD.

A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.

The Q4 deliver of Indonesia sub-bituminous coal was gained US$ 1.37 / MT to US$  64.85 a metric ton on Friday  from US$  63.48 on Monday opening. CFR South China Coal contract declined US$ 0.45 (-0.50 percent) per mt to US$ 88.55 compared to Monday opening of US$  89.00, according to data released by SGX.

Indonesian sub-bituminous coal swap for August delivery drops -11.43 percent M-o-M and the meantime CFR South China coal contracts for August delivery dropped  -8.97 percent M-o-M.

The Q4  swap contract for Indonesia sub-bituminous coal was also dropped  -8.84 percent  M-o-M and CFR South China coal contracts dropped  -7.87 percent  M-o-M.

Falling coal prices send miner’s share price into a steep decline. Indonesian coal miners shares were dropping since early of this month. However Indonesian big scale coal miners are still clam and they believe the current coal price trend will be changed soon.

Bumi Resources, the Indonesia's largest coal producer,  doesn’t  want to review their expansion plan for 2013 in light of the current coal price weakness, According to Dileep Srivastava, corporate secretary of company. 

"We view present spot weakness as temporary, seasonal and rise as winter approaches", he said in a note.



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

Recent News

Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down. The BDI was down by 6.58 pct closing at 1,037 points and the ...


Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mi ...


Friday, 20 July 12
INDONESIA-INDIA SUPRAS BEING FIXED AT $ 10K
Handy After a stable last week, the Handysize market has experienced softening rates in the Atlantic. Ships are ballasting from India into the Atla ...


Friday, 20 July 12
HANDYSIZES PROVE RATHER ATTRACTIVE AMONG OTHER SHIPS, IN TERMS OF FUTURE RETURNS ON INVESTMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Handysize segment of the dry bulk market appears to offer the best incentive among other ship types, for a ship owners to invest in, says Interm ...


Wednesday, 18 July 12
TAIWAN POWER COMPANY TO IMPORT 0.588 MILLION TONS OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com - Taiwan Power Company intends to procure 588,000 MT tons of extra low sulfur sub-bituminous coal for Taipower thermal power plant thro ...


   929 930 931 932 933   
Showing 4651 to 4655 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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