We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...
Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...
Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com: Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012. thi ...
Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...
|
|
|
Showing 4446 to 4450 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Australian Coal Association
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
|
| |
| |
|