We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
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 ...
|
|
|
Showing 4546 to 4550 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
|
| |
| |
|
