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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.
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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).
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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.
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
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Thursday, 20 September 12
DRY BULK INCHES FORWARD AFTER WEEKS OF BELOW PAR PERFORMANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has started to revive from its ashed, as the past couple of days, traders have reported an increased activity from China, result ...
Wednesday, 19 September 12
CHURCHILL STRENGTHENS LITIGATION TEAM WITH APPOINTMENT OF NICHOLAS SMITH AS MANAGING DIRECTOR
COALspot.com - Churchill Mining PLC (AIM: CHL) has announced that, Mr Nicholas Smith has joined the board of the Company and has been appointed as t ...
Wednesday, 19 September 12
DRY BULK TERMINALS SINGAPORE
Press Release - Dry bulk terminals are used all around the world to handle large quantities of bulk materials, like minerals, grains, etc. In today& ...
Tuesday, 18 September 12
JORC CODE REVISION - EXPOSURE DRAFT RELEASED FOR COMMENT
COALspot.com - The Australasian Joint Ore Reserves Committee (JORC) has today released for public comment the exposure draft of the JORC Code (2012) ...
Monday, 17 September 12
YEAR TO DATE, BUMA PRODUCED 231.1 MILLION BCM OF OVERBURDEN
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 31.5 million bcm (+6.0 percent YoY) overburden in August 2012 totaled 31.5 million bcm ( ...
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Showing 4566 to 4570 news of total 6871 |
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- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- MS Steel International - UAE
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- PTC India Limited - India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
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