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, 01 September 12
FALLING PRICES; BLEEDING MINERS


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070  percent and 0.422 percent respectively on W-o-W and D-o-D on Friday (31 August 2012) closing, according to the data released by AsiaClear OTC coal swaps on 31st August 2012.

CFR south china coal contract also followed sub-bit Indonesia, fell 1.281 percent on W-o-W and 0.410 percent D-o-D on 31st August 2012.

Sub-Bit FOB Indonesia coal swaps for October delivery opened on Tuesday (28 August  2012) at US$ 63.88 pmt and closed on Friday (31 August 2012) at $ 61.28 lost around $ 2.61 pmt. In the meantime, the Q1 and Cal 2013 deliveries lost average US$ 0.41 per MT. The Indonesian coal swaps for October deliveries not performed well the week ended 31st August 2012.

Cal 2013 deliveries for  Sub-Bit Indonesia coal was opened at $ 69.31 pmt on 28 August 2012 and closed $ 68.90 on 31st  August 2012.


CFR South China coal shipments to China for October & December, Q1 & cal 2013 deliveries negatively week on week.

On 28 August CFR South China coal shipments to China  (delivery October 2012) was opened at $ 83.50 and closed on 31 August at $ 82.43 lost $ 1.07 pmt. The swap lost 0.410 percent D-o-D and 1.281 percent W-o-W on Friday.

Sub-Bit FOB Indonesia coal contracts for October 2012 delivery closed at US$ 61.28 on Friday (31 August 2012) compared to US$ 63.23 Tuesday (28 August 2012) closing, lost  US$ 1.95  per MT. CFR South China coal October delivery lost US$ 0.82 for the same period.

CFR South China coal, Q1 13 delivery lost 0.688  percent W-o-W and lost 0.140 percent D-o-D. Sub-Bit FOB Indonesia coal contracts for Q1 13 delivery lost  0.616 percent or US$ 0.41 pmt W-o-W and 0.015 percent D-o-D and closed at US$ 66.09.

CFR South China delivery (Q1 2013) has closed US$ at $ 85.16 on 31 August compared to US$ 85.75 opening on Monday (28 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 $ 68.90 pmt $ 88.03 pmt respectively on Friday. Cal 2013 delivery prices for Sub-Bit FOB Indonesia coal and CFR South China coal are $ 7.62  and $ 5.60 higher compared to October deliveries.

According to moody's forecasts, the Newcastle thermal coal price, the benchmark seaborne coal price in Asia, to average around USD 90 to USD 95 per tonne in 2012 and that there won't be a meaningful rebound in 2013 unless the demand and supply balance improves."

BHP Billiton, the world's biggest miner, expects to see lower prices in the "long-term" for its commodities as slower economic expansion in China cools demand, as stated by The Telegraph. BHPB, one of the largest iron ore and coal producer in the world.

"Coal as well as iron market directions are not stable. Market's forward cures are also not promising for miners", said a coal miner in Indonesia. However Indonesian miners are expecting that,  the market make little positive move when the annual contract negotiation starts for 2013 deliveries.

According shipping companies, Indians are starting to move more coal during end of August and this trend  will continue in September.

Vistaar Shipping Singapore, a ship operator said, the supramax freight market from Indonesia to India showed some signs of improvement the week end 31 August 2012. There appears to be more coal cargoes coming in the market and expect more shipments in September.

"Kites rise highest against the wind — not with it." - Winston Churchill



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

Recent News

Wednesday, 10 October 12
TAPPING OPPORTUNITIES WITHIN GLOBAL ECONOMIC PERSPECTIVE
Press Release: Mining sector will continue to play a significant role in supporting industrial and economic development in Indonesia which is curren ...


Tuesday, 09 October 12
REALM RESOURCES RECOMMENCES DRILLING AT KATINGAN RIA COAL PROJECT
COALspot.com : Realm Resources Ltd. (ASX) has announced that it has commenced work on the phase three technical programme at its Katingan Project in ...


Sunday, 07 October 12
INDONESIAN GOVERNMENT DECLARED HBA FELL AGAIN IN OCTOBER
COALspot.com -  The Indonesian government’s declared coal reference price has lost US$ 0.17 per MT  M-M. The monthly coal referen ...


Saturday, 06 October 12
CFR SOUTH CHINA COAL SWAPS FOR DECEMBER'13 DELIVERY GAINED 1.3 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery gained 0.098 percent and 0.164 percent W-W and D-D respectively o ...


Saturday, 06 October 12
FREIGHT MARKET IS LIKELY TO PICK AFTER THE HOLIDAYS IN CHINA - VISTAAR
COALspot.com - The freight market appeared to be seeing some increase BDI up by 14.23 pct closing at 875 points. The Cape and Panamax index also saw ...


   908 909 910 911 912   
Showing 4546 to 4550 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 ...

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