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

Wednesday, 18 July 12
SHIP PRICES HAVE FALLEN RAPIDLY THIS YEAR, FAVORING INVESTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The price for a 5 year old Capesize dry bulk carrier of 172,000 dwt has fallen to about $33,4mil from $42.9 at the end of June 2011, while at end of ...


Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...


Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...


Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...


Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...


   930 931 932 933 934   
Showing 4656 to 4660 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 ...

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