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, 04 November 12
SUB-BIT INDONESIA COAL SWAPS FOR DECEMBER' 12 DELIVERY FALLS TO $ 59.78


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery fell -1.02 percent on WoW but gained 0.08 percent on D-D on Friday, 2 November 2012, according to the data released by AsiaClear OTC coal swaps on 2 November 2012.

Sub-Bit FOB Indonesia coal swaps for December’12 delivery opened on 29 October 2012 at US$  60.40 pmt and closed on 2 November 2012 at $ 59.78 lost around $ -1.02 pmt. December 2013 delivery as well as average calendar 2013 deliveries prices also lost US$ -1.25 percent and -1.5 percent respectively per MT for the same period.

Average December 2013 deliveries for Sub-Bit Indonesia coal opened at $ 66.35 pmt on 29 October 2012 and closed $  65.52 on 2 November 2012.

CFR South China coal shipment for average prices for December’12, December’13 and calendar 2013 deliveries also dropped on w-w.

CFR South China coal shipments (delivery December ‘12) was opened at $  84.20 on 26-Oct-12 and closed at $ 83.93 on 2 November 2012 down $ 0.27 per mt. The CFR South China coal swaps for December’13 deliveries also lost -2.21 percent on W-W -0.05 percent on D-D on 2 November 12.

Sub-Bit FOB Indonesia coal contracts for December 2012 delivery closed at US$ 59.78 on 2 November 2012 compared to US$ 60.40 Monday opening, lost US$ 0.62 per MT. In the meantime, CFR South China coal December delivery fell  US$ 0.27 pmt w-w and US$ 0.02 on D-D on 2 November closed at US$  83.93 against US$ 83.95 Thursday closing.

CFR South China coal, average Calendar 13 delivery also moved negative direction this week lost -1.92 percent W-W and -0.14 percent d-d. Sub-Bit FOB Indonesia coal contracts for average cal 13 delivery lost -1.5 percent or US$ 0.96 pmt W-W, and -0.03 percent D-D and closed at US$ 62.93.

A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.

However, AsiaClear OTC Sub-Bit Indonesia coal swap was showing a US$  5.74 increase for December’13 delivery compared to the same period in 2012. CFR South China coal swap for December’13 delivery was  US$  5.30 higher per mt compared to December’12 delivery price.

Indonesian government has fixed its October HBA at US$ 86.04 for 6322 GAR coal. November HBA is expected to be released any time next week.

The Indonesian government has reduced its DMO requirement, 18 percent due to lower consumption by power plants. Indonesian miners must allocate 67.3 million metric tons of coal under DMO requirement, down from the previous requirement of 82.1 million tons or less 14.8 million tons of coal set in August of last year.

Recently Indonesian government has issued a regulation asking Indo miners, to allocate 74.30 million metric tons of coal under the so-called domestic market obligation (DMO) in 2013.

The 2013,  DMO volume is equivalent to 20.30 percent of the targeted production volume in 2013. The Indonesian government is forecasting the 2013 coal production will be around 337 million tons to 366.04 million tons, based on miners mining plan. Year 2013, DMO requirement is 10.40 percent higher than year 2012 revised DMO tonnage.

Due to higher coal output and less demand, the price recovery will be in slow speed.

However Indonesia Coal Mining Association (APBI) predicts that, coal prices will move towards up starting from the end of 2012 and will reached its peak sometime around second quarter of 2013, a Indonesian local media reported.

Indonesian coal mining association has forecasts, the world coal price has now reached its lowest point and begins to take a “U” turn.

"Next year, during the second quarter, I think the prices will be around US$ 100 per tonne," said Bob, the chairman of ICMA, the media reports says.



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

Recent News

Friday, 16 November 12
SHIP OWNERS KEEP ON INVESTING IN SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Priced attractively, modern and with prompt delivery dates, second hand vessels are proving to be rather popular among cash-rich ship owners these d ...


Friday, 16 November 12
HANDY : IRON ORE WAS QUIET AND RATES FROM INDIA TO CHINA AROUND USD 5500
Handy The Atlantic was weak with more supply of ships. Rates from Continent/ Feast at USD 9000 and from USG/China at USD 15k. The Pacific market re ...


Wednesday, 14 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 11.14 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,100,686 MT of thermal and coking coal for week ended – 0700 hours 12 November 2012, Ne ...


Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration fore ...


Tuesday, 13 November 12
BULK PORTS & TECHNOLOGY ASIA 2013
Press Release - TOC Events are pleased to announce a new addition to our global portfolio with the launch of the inaugural Bulk Ports & Technolo ...


   899 900 901 902 903   
Showing 4501 to 4505 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 ...

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