We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November 2012, according to the data released by AsiaClear OTC coal swaps on Friday.
Sub-Bit FOB Indonesia coal swaps for January 2013 delivery was opened on 5 November 2012 at US$ 60.37pmt but closed at US$ 61.63 on 9 November 2012 gains around $ 1.26 pmt. December 2013 delivery as well as average calendar 2013 delivery prices also gained 2.33 percent and 2.22 percent respectively per MT for the same period.
Average December 2013 deliveries for Sub-Bit Indonesia coal was opened at $ 65.52 pmt on 5 November 2012 and closed at $ 67.05 on 9 November 2012.
Average prices for CFR South China coal shipment for January’13, December’13 and calendar 2013 deliveries also gained WoW as well as DoD. Last week price movements for 2013 deliveries were showing a positive direction and if it is continues, then the market will correct itself favoring coal producers. However the same direction was failed to transformed to physical market during the same period.
CFR South China coal shipments (delivery January 2013) was opened at $ 84.00 on 5th November and closed at $84.00 on 9 November 2012 without any change WoW. However, CFR South China coal prices gains 0.23 percent DoD. The CFR South China coal swaps for December’13 delivey also gains 0.24 percent W-W and 0.11 percent D-D for the same period.
Sub-Bit FOB Indonesia coal contracts for January 2013 delivery closed at US$ 61.63 on 9 November 2012 compared to US$ 60.37 Monday opening, gained US$ 1.26 per MT. In the meantime, CFR South China coal January ‘ 13 delivery closed at US$ 84.00 with no change on W-W but gained US$ 0.20 pmt D-D.
CFR South China coal, average Calendar 13 delivery also moved positive direction this week gains 0.03 percent W-W and 0.13 percent d-d. Sub-Bit FOB Indonesia coal contracts for average cal 13 delivery gained 2.22 percent or US$ 1.40 pmt W-W, and 1.35 percent D-D closed at US$ 64.33.
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 for December’13 delivery closed US$ 5.42 higher compared to January’13 delivery price of US$ 61.63. CFR South China coal swap for December’13 delivery closed US$ 5.45 higher per mt compared to January’ 13 delivery price. Swaps are showing a positive market condition during 2nd half of year 2013.
Indonesian government has sets its November HBA at US$ 81.44 for 6322 GAR coal. November HBA is 5.35 per lower than October price or 30.18 percent lower than a year ago.
The Indonesian government has also reduced its DMO requirement by 18 percent due to lower consumption by power plants in Indonesia. Indonesian miners were required to 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. However, the market is calm and there is no excess cargo due to reduction of DMO. According to a one of the largest coal producer, the reduction on DMO requirement has not affected them, as they have already signed the contract as per previous requirement.
Recently Indonesian government has issued a DMO regulation for 2013 supply figures. According to DMO requirement, miners were asked to allocate 74.30 million metric tons of coal under the so-called domestic market obligation (DMO) in 2013, which is little higher than 2012 revised DMO requirement.
Year 2013, DMO volume is almost equivalent to 20.30 percent of the targeted production volume of coal in 2013. The Indonesian government is forecasting the 2013 coal production will be around 337 million tons to 366.04 million tons.
Due to higher coal output and less demand, the price recovery will be in slow speed. According to coal a coal producer, Chinese demand is still slow. Hence the price recovery will take time. Now producers are pushing their existing buyer’s to perform their existing contracts which were concluded at a high price than the current price. “ We don’t have a coal to offer against any new inquiries for November or December delivery or at least until January 2013” , said a coal producer from Kalimantan.
“ Indonesian coal producers want to delay their annul coal supply contract negotiation to early next year to get better price than existing”, a market player said.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 23 October 12
INDONESIA SETS DMO FOR NEXT YEAR
COALspot.com - The Indonesian government has declared the quantity of coal to be supplied to domestic market in 2013 recently under DMO regulation. ...
Sunday, 21 October 12
BUMA HAS PRODUCED 25.0 MILLION TONS OF COAL YEAR TO DATE
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 33.2 million bcm* (+5.5% YoY) of Overburden in September 2012 totaled while coal produc ...
Saturday, 20 October 12
SUPRAMAX FREIGHT EXPECTED TO BE FLAT - VISTAAR
COALspot.com - The shipping market continued to be quite active with quite lot of cargoes fixed for in the cape and panamax sector.
The BDI was ...
Thursday, 18 October 12
INDO-INDIA, LARGE ECO SUPRA FIXED AT USD 11000 - FEARNLEYS AS
Handy
Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Cont to East Med were around USD 14k and Black Sea ...
Tuesday, 16 October 12
DRY BULK FREIGHT RATES COULD IMPROVE ON CHINESE STIMULUS AND WINTER CARGO DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO has given out its forecast for the next six weeks, in terms of freight rates for dry bulk carriers. According to them, Capesize TC Average rat ...
|
|
|
Showing 4531 to 4535 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- The University of Queensland
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- White Energy Company Limited
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
|
| |
| |
|
