We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Monday, 10 September 12
TNPL, AN INDIAN PAPER MAKER IS SEEKING FOR 300K MT OF IMPORTED NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 6 Shipments about 50,0 ...
Monday, 10 September 12
DRY BULK MARKET SLOWLY BUT SURELY REACHING CRITICAL STATUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The radical consequences of the shifts in dry bulk demand and prices, especially for the most sought after commodity, concerning the industry, i.e. ...
Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources h ...
Monday, 10 September 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY / HELLENIC SHIPPING
The European Central Bank left its interest rate unchanged at 0.75% focusing on pushing down borrowing costs in troubled economies, Spain and Italy. ...
Sunday, 09 September 12
H213 SUB-BIT FOB INDONESIA COAL SWAPS ARE TRADING HIGHER
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 0.14 percent W-O-W on 7 September 2012, Friday closing but gained ...
|
|
|
Showing 4581 to 4585 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
|
| |
| |
|
