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Sunday, 02 December 12
YEAR 2013, YEAR OF SUPPLY OR DEMAND?
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1 2013 delivery gained 2.87 & 0.83 percent MoM and WoW respectively but flat DoD on Friday, 30 November 2012, according to the data released by AsiaClear OTC coal swaps on Friday.
Sub-Bit FOB Indonesia coal swaps for average Q1’ 2013 delivery was opened on 26 November 2012 at US$ 62.2 pmt but closed at US$ 62.72 on 30 November 2012 gained around $ 0.52 pmt. But, average Q4’ 2013 delivery price lost 0.19 percent per MT for the same period.
Average Q4’ 2013 deliveries for Sub-Bit Indonesia coal was opened at $ 66.70 pmt on 26 November 2012 and closed at $ 66.57 on 30 November 2012.
CFR South China coal shipment for average Q1’ 2013 delivery price gained but, average Q4’ 2013 delivery price lost W-o-W. The contract for the average Q1’ 2013 was unchanged at US$ 84.28 a ton D-O-D. Average Q1, Q2, Q3 & Q4 CFR South China coal shipment prices lost 0.76, 1.44, 2.23 & 2.87 percent M-o-M. In the meantime, Sub-Bit Indonesia coal swaps gained 2.87, 2.45, 4.48 & 1.37 percents for the same period.
CFR South China coal shipments (average Q1’ 2013 delivery) was opened at $ 83.96 on 26 November and closed at $ 84.28 on 30 November 2012 up US$ 0.32 PMT. In the meantime, CFR South China coal Q1’ 2013 delivery prices closed unchanged D-o-D. The CFR South China coal swaps for Q4’ 2013 delivery lost 0.31 percent D-o-D and 0.37 percent on W-W for the same period.
Sub-Bit FOB Indonesia coal contracts for Q1’ 2013 delivery closed at US$ 62.72 on 30 November 2012 compared to US$ 62.20 Monday opening, gained US$ 0.55 per MT. In the meantime, CFR South China coal Q1’ 2013 delivery swaps closed at US$ 84.28 up US$ 0.59 pmt W-W.
CFR South China coal, average Q4 2013 deliveries moved negatively this week D-D, W-W and M-M. CFR South China coal, average Q4 2013 swaps lost 0.31 percent D-D, 0.37 percent W-W and 2.87 percent M-M. Sub-Bit FOB Indonesia coal contracts for average Q4 2013 delivery also followed China swaps lost D-D and W-W but gained M-M. Indonesia FOB swaps lost 0.03 percent D-D, 0.19 percent W-W but gained 1.37 percent M-M.
A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.
AsiaClear OTC Sub-Bit Indonesia coal swap for average Q4’ 2013 delivery closed US$ 3.85 higher compared to average Q1’ 2013 delivery price of US$ 62.72 on 30 November 2012. CFR South China coal swap for average Q4’ 2013 delivery closed US$ 3.67 higher compared to average Q1’ 2013 delivery price.
Swaps are showing a positive market condition during 2013.
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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.
According to available data, Indonesia, the world largest multi grade coal exporter has shipped 35,143,587* tons of coal in October 2012 which is around 19.85* percent higher compared to September exports. Most of the Indonesian coal goes to China and India in October 2013. Indonesian low GCV coal is still an attractive fuel for Indian consumers due to its cheap price as well as lower freight. Indian coal imports from Indonesia has increased significantly in 2012 and expected it will reach more than 75 million tons in 2012.
Several Indonesian small mines has suspended their operation as the current low coal prices not affordable for those high cost mines. Over supply of coal was partly blamed for current low coal prices. However Indonesian big coal producers are still planning to increase their output by 2014 onwards. High output of coal from Indonesia and low demand from India and China, may not allow coal price recovery to a previous level within a short period.
July 2008 was the best month for the world’s coal industry. According to IMF data, Australian coal price was reached at US$ 192.86 per MT in July 2008, which is around 118.43 percent higher than October 2012 price. Indonesian HBA price also experienced a higher level in February 2011. The Indonesian government's declared HBA has reached US$ 127.05 in February 2011 which is around 56.00 percent higher than November 2012 HBA.
Is year 2013, year of supply or demand? -- Is buyer’s year or seller’s year?
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Thursday, 29 November 12
BUMI TO PRODUCE 100 MILLION TONS OF COAL BY 2014
COALspot.com - Expansions on both BUMI’ s subsidiaries, PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia ( Arutmin) , are ...
Thursday, 29 November 12
PANAMAX : A FAIRLY STEADY MARKET WITH USD 8.5-9K/DAY FOR 2 LADEN LEGS IN ATLANTIC - FEARNLEYS
Handy
The Atlantic market continues to remain quiet due to more supply of ships. Rates from USG to Far East were around USD 18k and Black Sea to Fa ...
Thursday, 29 November 12
DRY BULK MARKET SLIGHTLY HIGHER DESPITE LULL ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market was marginally higher yesterday, according to the industry's benchmark, the Baltic Dry Index (BDI), which rose by 7 points to 1 ...
Wednesday, 28 November 12
NEWBUILDING ORDERING PICKS UP AS SHIP OWNERS LOOK TO CLOSE DEALS BEFORE THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners are active once again in the newbuilding ordering market, as they look to clinch deals ahead of the end of the year. Once again their fo ...
Tuesday, 27 November 12
NEWCASTLE PORT HAS SHIPPED 1.79 MILLION TONS OF COAL W/E 26 NOVEMBER
COALspot.com - Newcastle port in Australia has loaded 1,793,841 MT of thermal and coking coal for week ended 0700 hours 26 November 2012, Newc ...
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Showing 4481 to 4485 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
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