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Monday, 20 August 12
CHINESE COAL SWAPS RISE, INDONESIAN COAL CONTRACTS SOFT
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost -2.05 percent W-o-W on Friday (17 August 2012) closing but gained 0.031 percent on D-o-D, according to the data released by AsiaClear OTC coal swaps on 17th August 2012.
Sub-Bit FOB Indonesia coal swaps for October delivery opened on Monday (13 August 2012) at US$ 64.7 pmt and closed on Friday (17 August 2012) at $ 63.37 lost around $ 0.80 pmt. However The Q1 and Cal 13 deliveries also lost $ 0.96 and $ 0.85 respectively. The Indonesian coal swaps performed flat to weak last week.
Cal 2013 deliveries for Sub-Bit Indonesia coal was opened at $ 70.10 pmt on 13 August 2012 and closed $ 69.25 on 17th August 2012.
CFR South China coal shipments to China for October delivery moved positively compare to last week. On 13 August CFR South China coal shipments to China was opened at $ 82.93 and closed on 17 August at $ 83.22 gained $ 0.29 pmt. The swap gained 0.14 percent D-o-D and 0.34 percent W-o-W on Friday.
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Sub-Bit FOB Indonesia coal contracts for October 2012 delivery closed at US$ 63.37 on Friday ( 17 August 2012) compared to US$ 64.70 Monday opening, lost US$ 1.33 per MT. In the meantime, CFR South China coal October delivery gained US$ 0.29 pmt W-o-W on Friday (17 August) closed at US$ 83.22 against US$ 82.93 Monday Opening.
CFR South China coal, Q4 delivery lost 0.01 percent W-o-W 0.46 percent D-o-D. Sub-Bit FOB Indonesia coal contracts for Q4 delivery gained 1.74 percent or US$ 1.12 pmt W-o-W but lost 0.74percent D-o-D and closed at US$ 65.26.
CFR South China delivery (Q1 2013) has closed US$ at $ 85.68 on 17 August compared to US$ 85.40 opening on Monday (13 August 2012).
A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.
Sub-Bit FOB Indonesia coal contracts and CFR South China coal for Cal 2013 deliveries closed at $ 69.25 pmt $ 88.62 pmt respectively on Friday. Cal 2013 delivery prices for Sub-Bit FOB Indonesia coal and CFR South China coal are $ 5.88 and $ 5.40 higher compared to October deliveries.
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September onwards, coal prices are expected to move forward as India is expected to back to market after monsoon holidays. Chinese economic improvements also is expected to drive coal prices from the current level. Indonesian coal prices are trying to take a U turn last week, but failed to conclude the deals at a better prices than previous week.
Coal consumption for the power generation in Asia stood at an estimated 2.7 billion metric tons in 2011. From 2012 to 2020, that figure is expected to rise to 4.4 billion tons annually, according to GBI as stated by Climate wire / Scientific American.
GBI projects that India, currently the world's third-largest coal producer, will also see a surge in production on the order of 6.8 percent annually because of the country's heavy reliance on coal-fired electricity along with expanding steel, cement and fertilizer manufacturing sectors.
By 2020, India is projected to produce 1.1 billion tons of coal annually, up from 632 million tons in 2011. Such robust growth would place India on par with the United States in terms of total production, assuming international markets for U.S. coal remain strong, according to Climate wire / Scientific American.
International as well as Indian media reports says that, Kentucky, the third-largest coal-producing state last year, has reached an agreement to export 9 million tons of coal annually to India for the next 25 years in a $7 billion deal.
According to president of the Kentucky Coal Association, as quoted by courier-journal, “we currently only export about 5 percent of our Kentucky coal overseas, we expect that number to grow”. “Today's announcement is good news, not only for Kentucky coal miners, but everyone who will benefit from this important natural resource.”
Changing dynamics in the current world thermal coal industry, US is trying to increase the coal exports to overseas specifically targeting for Asia market, while Indonesia the current largest coal exporter is trying to reduce coal exports considering its own future consumption.
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Tuesday, 06 November 12
NOVEMBER 2012 HBA $35.21 LOWER THAN A YEAR AGO
COALspot.com - The Indonesian government’s declared coal reference price for November’ 12 has lost US$ 4.60 per MT M-o-M.
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Sunday, 04 November 12
SUB-BIT INDONESIA COAL SWAPS FOR DECEMBER' 12 DELIVERY FALLS TO $ 59.78
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery fell -1.02 percent on WoW but gained 0.08 percent on D-D on Friday, 2 ...
Saturday, 03 November 12
THE SUPRAMAX FREIGHT EXPECTED TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - This week the market remained soft with all the sectors soft.
The BDI and was down by 6 pct closing at 986 points. The cape index ...
Saturday, 03 November 12
DEMOLITION IS THE KEY FOR DRY BULK SHIPPING'S RECOVERY SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With the number of new building deliveries so far in 2012 already having surpassed the total of 2011, it's more than clear that the dry bulk sector ...
Thursday, 01 November 12
INDONESIA HAS REVISED DOWN ITS 2012 DOMESTIC MARKET OBLIGATION REQUIREMENT FOR COAL
COALspot.com - Minister of Energy and Mineral Resources of Indonesia has revised down its 2012 domestic market obligation requirement due to lower d ...
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Showing 4516 to 4520 news of total 6871 |
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- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- MS Steel International - UAE
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- The University of Queensland
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