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

Tuesday, 06 November 12
NOVEMBER 2012 HBA $35.21 LOWER THAN A YEAR AGO
COALspot.com -  The Indonesian government’s declared coal reference price for November’ 12 has lost US$ 4.60 per MT  M-o-M. ...


Saturday, 03 November 12
THE SUPRAMAX FREIGHT EXPECTED TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - This week the market remained soft with all the sectors soft. The BDI and was down by 6 pct closing at 986 points. The cape index ...


Saturday, 03 November 12
DEMOLITION IS THE KEY FOR DRY BULK SHIPPING'S RECOVERY SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With the number of new building deliveries so far in 2012 already having surpassed the total of 2011, it's more than clear that the dry bulk sector ...


Thursday, 01 November 12
INDONESIA HAS REVISED DOWN ITS 2012 DOMESTIC MARKET OBLIGATION REQUIREMENT FOR COAL
COALspot.com - Minister of Energy and Mineral Resources of Indonesia has revised down its 2012 domestic market obligation requirement due to lower d ...


Thursday, 01 November 12
SOUTH KOREAN POWER UTILITY EWP TO PURCHASE 670,000 MT OF COAL FOR JAN - FEB 2013 DELIVERY
COALspot.com: Korea East-West Power Co. Ltd. on behalf of Korea South-East Power Co. Ltd., Korea Southern Power Co. Ltd., Korea Midland Power Co. Lt ...


   902 903 904 905 906   
Showing 4516 to 4520 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 ...

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