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
Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW  but CFR South China coal shipment for average Q1’  2013 delivery price gained  0.34 per cent for the same period as of Friday, 11 January 2013, according to the data released by AsiaClear OTC coal swaps.

A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.

Indonesia Sub-Bit FOB Coal Swaps
Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained  0.09 percent D-D on Friday, 11 January 2013, 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 7 January 2013 at US$  63.90 pmt but closed at US$  63.69 on 11 January 2013. In the meantime, the average Q4’  2013 delivery price has lost  0.34percent for the same period.

Average Q4’  2013 deliveries for sub-bit Indonesia coal swap was opened at $  67.08 pmt on 7 January 2013 and closed at $  66.85 on 11 January 2013.  Average Q4’ delivery price has down by US cents 23 PMT W-o-W but flat D-o-D.

Sub-bit Indonesia coal swaps for Cal 2014 delivery has gained W-o-W, but lost DoD.

AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$  4.58  higher compared to average calendar 2013  delivery price of US$ 65.22 on 11 January 2013. In the meantime, The Q4’  2014 coal swap has closed US$  6.11  higher than Q1 ‘ 2013 swap.

CFR South China Coal Swaps
CFR South China coal shipment for average Q1’  2013 delivery price gained  0.34  per cent W-O-W but flat D-o-D.

In the meantime, average Q4’ 2013 delivery price has gained D-D and W-W. The contract for the average Q1’ 2013 prices gained US$  0.29 W-o-W and closed at US$ 85.49 a ton on 11 January 2013. Average Q4 CFR South China coal shipment prices gained US cents  0.30 PMT D-o-D  and US cents   0.52  W-o-W.

CFR South China coal shipments (average Q1’ 2013 delivery) was opened at $  88.90 on 7 January 2013  and closed at $  89.42 on 11 January 2013 up US$ 0.29 PMT in a week. In the meantime, the CFR South China coal swaps for Q4’ 2013  delivery gained  0.58 percent W-o-W  and 0.33 percent on D-o-D.

CFR South China coal swap for average Q4’  2013  delivery closed US$ 6.70 higher compared to average Q1’  2013  delivery price. The calendar 2014 coal swap  has closed US$  4.78 higher than average calendar 2013 swap.

Indonesian government has sets its January HBA at US$  87.55 for 6322 GAR coal. This month HBA, US$ 5.80 higher compared to December 2012 price. In the meantime, Energy and Mineral Resources Deputy Minister of Indonesia has forecasted that, the Indonesia coal reference price (HBA) will reach over US$100 per ton this year following potential economic recovery as showed by the recent US fiscal-cliff budget deal.

However, Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that,  1M price outperformance’s are mainly on seasonal effect which raised global coal prices by some 16% from its bottom in November 2012. Bahana maintains 2013 coal price assumption at USD82/ton (-15% y-y), given continued uncertainties in global outlook, temporary restocking condition, increasing coal output and US industrial users’ switch to shale gas.

Inquiries from India is still flooding in to Indonesian market. According to coal traders in Indonesia, Indian buyers are willing to offer little higher price than that they have bids last months. The coal market direction is seems to be struck in fog. Hope, the coming weeks, can give a clear direction for coal prices for the rest of the year.

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.

According to our sources, 58.65* percent of Indonesia’s total coal exports in November has shipped to China and India.


Indonesia’s coal output is also expected to  increase by 1.2 percent to 391 million tons from 386 million tons last year, as cited by local media, referring minister’s quote. As Indonesia is planning to produce more coal in 2013, and the market demand is also expected to be flat in 2013, we feel, the price recovery may face higher pressure  in 2013.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 20 January 13
Q1 & Q4 SUB-BIT FOB INDONESIA COAL SWAPS: FIRM
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) and CFR South China coal shipment for average Q1’ 2013 delivery have gained 0.81percent and ...


Sunday, 20 January 13
S7 & S8 ROUTE FREIGHT TREND IS EXPECTED TO BE FLAT TO SOFT THIS WEEK - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices BDI up by 9.21 pct closing at 837 points. The Cape index was also sharply u ...


Friday, 18 January 13
NEWLEAD HOLDINGS LTD. TO ACQUIRE TWO COAL PROPERTIES WITH ESTIMATED COAL RESERVES OF 18.6 MMT & 143.1 MMT
NewLead Holdings Ltd. Announces Signing Agreement to Acquire Properties with Estimated Coal Reserves of 18.6 Million Tons; Signing Agreement to Acqu ...


Friday, 18 January 13
DRY BULK MARKET ON THE RISE, ON STRONG DEMAND FOR CAPESIZE VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has continued its climbing trend yesterday, as the industry's benchmark, the Baltic Dry Index (BDI) was up by 39 points to 820. ...


Friday, 18 January 13
CAPESIZE : SIGNALS ARE MIXED BUT THE OVERALL TENDENCY IS POSITIVE - FEARNLEYS
Handy The Atlantic market remained stable with USG-Feast fixed around USD 17k, according to fearnleys’s weekly report. Continent / Medite ...


   882 883 884 885 886   
Showing 4416 to 4420 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 ...

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