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
Sunday, 16 September 12
GLOBAL LOW DEMAND ; INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS DIP


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.345 percent W-O-W on Friday, 14 September 2012, closing but gained 0.0321 percent on D-O-D, according to the data released by AsiaClear OTC coal swaps on 14th September 2012.

Sub-Bit FOB Indonesia coal swaps for November delivery opened on Monday, 10 September 2012 at US$ 63.17 pmt and closed on Friday (14 September 2012) at $  62.32 lost around $ 0.85 pmt. Q2 2013 & Cal 2013  deliveries also lost US$ 0.95  per MT $  0.83 respectively for the same period.

Average Cal 2013 deliveries for  Sub-Bit Indonesia coal opened at $ 68.50 pmt on 14 September 2012 and closed $ 67.67 on 14th September 2012.

CFR South China coal shipments for November 12, November 13, Q2’13 and Cal 2013 deliveries dropped on W-O-W.


On 10 September CFR South China coal shipments (delivery November 2012) was opened at $  83.55 and closed on 14 September at $ 83.20 lost $ 0.35 pmt. The CFR South China coal swaps for November deliveries lost 0.418 % and 0.120% on W-O-W and  D-O-D respectively o 14th September.

Sub-Bit FOB Indonesia coal contracts for November 2012 delivery closed at US$ 62.32 on Friday (14 September 2012) compared to US$ 63.17 Monday opening, lost US$ 0.85 per MT. CFR South China coal November delivery also lost US$ 0.35 pmt W-o-W on Friday (14 September) closed at US$ 83.20 against US$ 83.55 Monday Opening.

CFR South China coal, Nov-13 delivery lost 0.601 percent W-o-W and lost 0.055 percent D-O-D. Sub-Bit FOB Indonesia coal contracts for Nov13 delivery lost 1.127 percent or US$ 0.80 pmt W-o-W and gained 0.214 percent D-O-D and closed at US$  70.15.

CFR South China delivery (Q2’13) has closed US$ at $  87.35 on 14 September compared to US$ 87.95 opening on Monday (10 September 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. (Last updated on 17 Septmber 2012)

Sub-Bit FOB Indonesia coal contracts and CFR South China coal for Cal 2013 deliveries closed at $ 67.67 pmt $ 88.23 pmt respectively on Friday. Average November 2013 delivery prices for Sub-Bit FOB Indonesia coal and CFR South China coal were $ 7.83 and $ 7.65 higher compared to November 12 deliveries.


Average cal 2013 delivery price for Sub-Bit FOB Indonesia coal was US$ 2.48 lower than November 2012 delivery price. Average Cal 2013 delivery price for CFR South China coal contract price is US$ 2.62 lower than November  2012 delivery price.

According to paper reports in Indonesia, Deputy Energy and Mineral Resources Minister was concerned about current falling coal prices and according to him,  the continued fall in coal prices would severely hurt the country’s coal mining companies. Hence, “the government is ready to help by giving tax holidays or other fiscal measures, if the price of coal  hit below US$ 60.

According coal analysts, over supply of coal is one of the main reason for the current low prices. Unless mining companies reduce their coal production to counter the low demand, the price recovery will take more time than expected.

However, some of the Indonesia’s major coal producers have already revised their annual target due to the declining coal prices. Indonesia’s single largest coal producer Adaro Energy, has revised its 2012 production forecasts to 48 million and 50 million metric tons, Berau Coal has lower its production forecast to 20 million to 22 million tons. The largest Indonesian coal miner BUMI also planning to reduce its production forecast in 2012.

Few small scale coal miners, specially low calorific value coal producers in Indonesia have already suspended their productions and some miners have cut down their production at least by 50 percent within last three months. Indonesian government declared minimum selling price has gained 1.84 percent in September on MoM.



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

Recent News

Tuesday, 30 October 12
NEW BUILDING ORDERING ACTIVITY KEEPS ON RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have refrained from placing any new orders of vessels during the course of the past few days, according to shipbroker reports. According ...


Monday, 29 October 12
US COAL EXPORTS ARE EXPECTED TO REACH 125 MILLION TONS THIS YEAR - EIA
COALspot.com - US coal exports are expected to reach 125 million tons this year, surpassing the old record of about 113 million tons set in 1981, sa ...


Sunday, 28 October 12
SUB-BIT INDONESIA COAL SWAPS (FOB ) FOR DECEMBER 2012 DELIVERY STAYED FLAT D-D
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery flat on D-D but gained 0.38 percent on W-W on Friday, 26 October 2012, ...


Sunday, 28 October 12
INDONESIA TO INDIA SUPRAMAX FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - The Cape size sector continued to remain active with iron ore movement being steady. All other sectors were down. The BDI was up b ...


Friday, 26 October 12
SHIPPING MARKETS HEADING FOR DIVISION AND MULTI-TIER WILL BECOME THE NORM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It seems that something is expected to be fundamentally different in the way that the shipping markets will be operating in the future, according to ...


   904 905 906 907 908   
Showing 4526 to 4530 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 ...

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