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Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swaps for August delivery lost 0.31 percent and CFR South China coal contracts swaps lost 0.28 percent on closing Friday compared to Monday opening.
SGX’s Indonesian sub-bituminous coal swaps for August delivery lost 0.31 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 average at US$ 63.53 / MT on 6 July 2012 (Friday), 8pm SG Time compared to Monday opening of average US$ 63.73 / MT.
Indonesian sub-bituminous coal swap lost 0.31 percent compared to Monday (2/7/2012) opening and Friday (6/7/2012) closing. In the meantime, CFR South China coal contracts closed average at US$ 86.00 on Friday instead of average US$ 86.25 on Monday opening.
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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 lost average US$ 0.07 / MT to average US$ 65.33 a metric ton on Friday from average US$ 65.40 on Monday opening. CFR South China Coal contract declined US$ 0.65 (-0.73percent) per mt to average US$ 87.35 compared to Monday opening of average US$ 88.00, according to data released by SGX.
Indonesian sub-bituminous coal swap for August delivery drops average -4.6 percent M-o-M and the meantime CFR South China coal contracts for August delivery dropped average -5.49 percent M-o-M.
The Q4 swap contract for Indonesia sub-bituminous coal was also dropped -4.27 percent M-o-M and CFR South China coal contracts dropped -6.07percent M-o-M.
Indonesian medium scale producers are planning to reduce their production if the coal prices continually fall.
Overall this week’s performance is slightly bitter than last week performance in terms of prices. The real physical market (spot) for Indonesian coal was not showing any positive rebound this week. The low bid from buyers make suppliers confused to response.
“The gap between bids and offers were quite wide and hope the market will rebound soon,” said a medium coal producer from East Kalimantan. (cs)
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Tuesday, 03 July 12
DRY BULK MARKET INCHED FORWARD AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward at the beginning of the new week, prior to the US holidays regarding the celebration of the 4th of July, which is ...
Monday, 02 July 12
ORPHEUS STRENGTHENS REVENUE STREAM WITH NEW ROYALTY AGREEMENT AT THE B2 COAL PROJECT
Orpheus Energy (ASX:OEG) is pleased to advise that it has executed a life of mine Royalty Agreement with Indonesian mining contractor PT Debbia Mini ...
Monday, 02 July 12
DRY BULK DEMAND TO RISE TO 3.6 BILLION TONNES IN 2012, BUT NEW BUILDING DELIVERIES ARE
In its latest analysis on the dry bulk market fundamentals, DVB Bank said that dry bulk cargo demand is forecast to rise to approximately 3.6 billio ...
Sunday, 01 July 12
AUSTRALIAS CARBON TAX - SUNIL K KUMBHAT
COALspot.com - Climate Change
Climate change and global warming have now become buzzwords the world over. The disastrous consequences for global ...
Sunday, 01 July 12
DSP OF SGX ASIACLEAR OTC COAL SWAP'S THIS WEEKS MOVEMENTS SLIGHTLY POSITIVE
COALspot.com - SGX AsiaClear OTC Coal Swaps have recovered slightly this week and Q4 deliveries are also showing positive direction.
SGX’s ...
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- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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