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

Saturday, 22 December 12
DELTA DUNIA MAKMUR PRODUCED 3.2 MILLION TONS OF COAL IN NOVEMBER' 12
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 28.1 million bcm* (+1.8% YoY) of Overburden in November 2012 while coal production was at 3.2 ...


Friday, 21 December 12
JORC CODE, 2012 EDITION NOW FINALIZED
COALspot.com - The JORC Committee has announced that,  the completion of the review of the JORC Code of 2012 Edition. The JORC Code, 2012 Ed ...


Thursday, 20 December 12
COAL CLOSING IN ON OIL AS WORLD'S TOP ENERGY SOURCE BY 2017
COALspot.com - Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’ ...


Thursday, 20 December 12
CHINA'S IRON ORE AND COAL DEMAND WILL SHAPE THE CAPESIZE DRY BULK TRADE DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the best efforts from ship owners to help alleviate the current tonnage oversupply issue in the dry bulk segment, especially in the larger v ...


Tuesday, 18 December 12
NEWCASTLE PORT IN AUSTRALIA SHIPPED 20.19 PERCENT MORE COAL W/E 17 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 3,269,640 MT of thermal and coking coal for week ended  0700 hours 17 December 2012, Newc ...


   890 891 892 893 894   
Showing 4456 to 4460 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 ...

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