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Sunday, 24 February 13
COAL SWAPS INCH UP WEEK - ON - WEEK
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.17 percent and CFR South China coal shipment 0.15 W-O-W as of Friday, 22 February 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 Q2’ 2013 delivery has gained 0.17 percent W-W but lost 0.03 percent on D-D on Friday, 22 February 2013, AsiaClear OTC coal swaps report said on Friday. Sub-Bit FOB Indonesia coal swaps for average Q2’ 2013 delivery was opened on 18th February 2013 at US$ 66.03 pmt and closed at US$ 66.20 on 22 February 2013.
Average Q4’ 2013 deliveries for sub-bit Indonesia coal swap was opened at $ 67.68 pmt on 18 February 2013 and closed at $ 67.70 on 22 February 2013. Average Q4’ delivery price has gained US cents 0.02 PMT W-o-W and US$ 0.15 D-o-D.
But, sub-bit Indonesia coal swaps for Cal 2014 delivery lost W-o-W and D-o-D.
AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$ 3.78 (5.70 %) higher compared to average Q2 delivery price of US$ 66.20 on 22 February 2013. In the meantime, the Q4’ 2013 coal swap has closed US$ 1.50 (2.26 %) higher than Q2 ‘ 2013 swap on 22 February 2013.
CFR South China Coal Swaps
CFR South China coal shipment for average Q2’ 2013 delivery price gained 0.17 per cent W-O-W.
In the meantime, the average Q4’ 2013 delivery price has also gained W-W and D-D. The contract for the average Q2’ 2013 prices gained US$ 0.15 W-o-W and closed at US$ 87.20 a ton on 22 February 2013. Average Q4 CFR South China coal shipment prices gained US cents 55 PMT W-W and US cents 12 per MT DoD.
CFR South China coal shipments (average Q2’ 2013 delivery) was opened at $ 87.05 on 18 February 2013 and closed at $ 87.20 on 22 February 2013 gained US$ 0.15 PMT in a week. The CFR South China coal swaps for Q4’ 2013 delivery also followed Q2 trend gained 0.62 percent W-o-W.
CFR South China coal swap for average Q4’ 2013 delivery closed US$ 1.70 higher compared to average Q2’ 2013 delivery price. The calendar 2014 coal swap has closed US$ 5.40 higher than average Q2 2013 swap.
Indonesia HBA
Indonesian government has sets its February HBA at US$ 88.35 for 6322 GAR coal.
February’ 13 HBA, US$ 0.80 higher compared to January 2013 bench mark price.
According to media reports, Energy and Mineral Resources department of Indonesia expects 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. Government of Indonesia also planning to increase the production and export in 2013.
India
The import of steam coal to India, particularly the high calorific value power plant coal imports suddenly subject to higher duty after Indian customs officers classifying the higher calorific value coal as "bituminous coal", industry players says.
Indian customs officers recently defined any coal above 5833 on DMMF basis and Volatile matter above 14 percent as "bituminous coal" which is subject to 5% CD and a 6% CVD. Most of the power plant coal importers India, including Indonesian low GCV coal importers are expected to face risk to pay higher duty.
“Such ambiguity can result in Power Generators having to shell out about 10 percent additional duty which in turn would impact the profitability and or tariff setting, said a power producer from southern part of India.
“Indonesia’s “Ultra low GCV coal suppliers future is expected to be bright due to this new move by Indian customs”, said a coal producer from Indonesia.
If the new interpretation is accepted and continued, then India become largest “premium coal” importer in the world soon.
"Consumers are being asked to fork out high CVD not only on their current imports, but authorities are also asking them to pay taxes with retrospective effective i.e. from April 2012 onwards," according to an Indian media.
In the meantime, an another Indian media said in its report that, “the Union budget may announce a clarification on coal imports meant for electricity generation that would resolve the confusion resulting in Indian customs authorities denying importers of the fuel duty concessions granted in last year’s budget”.
China
Chinese buyers are already in the market after celebrating Lunar Year celebration for more than a week. However, according to suppliers, the bids are from China is not much attractive for suppliers.
Indonesian coal market was almost flat last week and expected some positive correction coming week, a trader said from Kalimantan.
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Tuesday, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China.
It will make you understand regulatory asp ...
Sunday, 24 February 13
BDI FELL 1.72 PERCENT BUT FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - This freight market has been fairly steady this week but, BDI fell1.72 pct and closed at 740 points.
The cape index also joins BDI ...
Saturday, 23 February 13
IHS MCCLOSKEY 20TH ANNUAL COAL CONFERENCE OF THE AMERICAS
IHS McCloskey 20th Annual Coal Conference of the Americas to be held on 13-14 March 2013 in Cartagena, Colombia
IHS is pleased to invite you to t ...
Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Bla ...
Thursday, 21 February 13
SPRING COAL PROCUREMENT 2013 IS ABOUT TO TAKE PLACE
In 2012, “Steady Growth” had set the keynote for China’s economic development. Guided by the principle of progressing steadily, do ...
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- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Ministry of Transport, Egypt
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
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