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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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Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
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Showing 4686 to 4690 news of total 6871 |
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- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Planning Commission, India
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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