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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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- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
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