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Sunday, 23 December 12
Q4' 2013 CFR SOUTH CHINA COAL SWAP, US$ 3.40 HIGHER COMPARED TO Q1' 2013 PRICE
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 1.94 percent M-M and WoW by 1.57percent but lost 0.35 percent D-D on Friday, 21 December 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 17 December 2012 at US$ 62.91pmt but closed at US$ 63.90 on 21 December 2012 with the gain of US cents 0.99 per MT. However the average Q4’ 2013 delivery prices gained 3.33 percent for the same period.
Average Q4’ 2013 deliveries for sub-bit Indonesia coal swap was opened at $ 64.72 pmt on 17 December 2012 and closed at $ 66.88 on 21 December 2012. Average Q4’ delivery price has lost US cents 2 PMT a day ago and cents 30 PMT from month ago but gained US $ 2.16 from week ago.
CFR South China coal shipment for average Q1’ 2013 delivery price also gained a day ago and a month ago, but flat w-o-w.
Average Q4’ 2013 delivery price also lost D-D and M-M but gained W-o-W. The contract for the average Q1’ 2013 prices gained US$ 1.34 W-o-W and closed at US$ 85.35 a ton on 21 December 2012. Average Q4 CFR South China coal shipment prices lost US cents 5 PMT D-o-D and US cents 25 M-o-M.
In the meantime, sub-bit Indonesia coal swaps for Q1 delivery has lost on DOD, but gained w-o-w and m-o-m.
CFR South China coal shipments (average Q1’ 2013 delivery) was opened at $ 84.01 on 17 December and closed at $ 85.35 on 21 December 2012 up US $ 1.34 PMT. In the meantime, the CFR South China coal swaps for Q4’ 2013 delivery gained 0.9 percent W-o-W but lost 0.05 percent on D-o-D.
Sub-Bit FOB Indonesia coal contracts for Q1’ 2013 delivery closed at US$ 63.90 on 21 December 2012 compared to US$ 62.91 Monday opening, gained US$ 0.99 per MT. CFR South China coal Q1’ 2013 delivery swaps also closed at US$ 85.35 up US$ 1.34 pmt W-W.
CFR South China coal, average Q4 2013 deliveries gained US$ 0.80 W-W, but lost D-o-D and M-o-M.
Sub-Bit FOB Indonesia coal contracts for average Q4 2013 delivery lost D-D and M-M but gained W-W. Indonesia FOB swaps lost 0.02 percent D-D, 0.44 percent M-M but gained 3.33 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$ 2.98 higher compared to average Q1’ 2013 delivery price of US$ 63.90 on 21 December 2012. CFR South China coal swap for average Q4’ 2013 delivery closed US$ 3.40 higher compared to average Q1’ 2013 delivery price.
Indonesian government has sets its December HBA at US$ 81.75 for 6322 GAR coal. This month HBA is 0.38 percent higher than November price but 27.44 percent lower than a year ago.
2013 coal swaps are not stable this week. It is very difficult to understand the market direction in 2013 from this week price closing. Coal prices are not stable and expected more volatile movements in coming weeks. the firm prices directions can be seen next year mid February.
According to available data, Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012 which is around 4.45* percent lower compared to October exports.
Most of the Indonesian coal had shipped to China and India in November 2012. 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. According to available information, Indonesia also shipped 300.488* million tons of coal (all grades included) in first 10 months. As usual 53.18* percent of total exported coal goes to china and India.
The physical prices of medium GVCV coal shows a little improvement last week. However the pries are not significant to give a push to market. The current price trend is not much favoring coal producer.
China's coal imports in the first 11 months of 2012 have jumped nearly 30 percent to 205.5 million tonnes, as reported by Reuters. Analysts said China's coal imports are expected to rise further in 2013 on the back of weak overseas demand and low international coal prices, as quoted by Reuters.
IEA’s Medium-Term Coal Market Report sees that, coal demand increasing in nearly every region of the world except United States, where shale gas is displacing coal. Hence, US coal producers and suppliers are aggressively looking for Asian and European market to push their excess coal. The low freight market is also supporting US coal to enter in Asian market and US coal is now competing with Indonesia and Australian coal in India, Korea Taiwan and in China.
Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’s top energy source, the International Energy Agency (IEA) said in its annual Medium-Term Coal Market Report (MCMR).
IEA said in its Medium-Term Coal Market Report, China and India lead the growth in coal consumption over the next five years. The report says China will surpass the rest of the world in coal demand during the outlook period, while India will become the largest seaborne coal importer and second-largest consumer, surpassing the United States.
According to our sources, 58.65* percent of Indonesia’s total coal exports in November has shipped to China and India.
Year 2013 is approaching. Maintaining a coal market equilibrium will help to drive coal prices to north direction, else year 2013 will be an another “year 2012” for coal producers.
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Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...
Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended 0700 hours 14 January 2013, Newca ...
Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...
Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...
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- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
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- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
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- Bharathi Cement Corporation - India
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- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
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