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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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Saturday, 25 August 12
FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week the indices showed some signs of improvement will all the segments moving up except for the handy size.
The BDI was marg ...
Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...
Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy
The market continued the same trend as last week, low activity and holidays in some countries.
Rate wise unchanged, with US Gulf/Continent ...
Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...
Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN
Mr. Sahust Pratuknukul, President of Electri ...
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- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- The University of Queensland
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
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