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
Sunday, 03 March 13
INDONESIAN THERMAL COAL SWAPS; CHINA CONTRACTS FALL W-O-W


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 0.75 percent and CFR South China coal shipment  0.51 W-O-W as of  Friday, 1 March  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 lost 0.75 percent  W-W but gained  0.03 percent on D-D on Friday, 1 March 2013, AsiaClear OTC coal swap's report said on Friday. Sub-Bit FOB Indonesia coal swaps for average Q2’  2013 delivery was opened on 25 February 2013 at US$  66.20 pmt and closed at US$  65.70 on 1 March 2013.

Mean Q4’  2013 deliveries for the sub-bit Indonesia's coal swap was opened at $   67.70 pmt on 25 February  2013 and closed at $  67.13 on 1 March 2013.  Average Q4’ delivery price has lost US$ 0.57 PMT W-o-W and US$ 0.02 D-o-D.

However, the sub-bit Indonesia's 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$  3.50 (5.32%) higher compared to average Q2  delivery price of US$  65.70 on 1 March  2013. In the meantime, the Q4’  2013 coal swap has closed US$  1.43 (2.17%) higher than Q2 ‘ 2013 swap on 1 March  2013.


CFR South China Coal Swaps
CFR South China coal shipment for average Q2’ 2013 delivery price lost 0.51 per cent  W-O-W.

The average Q4’ 2013 delivery price has also lost  W-W but gained D-D. The contract for the mean Q2’ 2013 prices lost US$ 0.45 W-o-W and closed at US$ 86.75 a ton on 1 March 2013. Average Q4 CFR South China coal shipment prices lost US cents 40 PMT W-W and gained US cents 15  per MT DoD.

CFR South China coal shipments (average Q2’ 2013 delivery) was opened at $  87.20 on 25 February 2013  and closed at $  86.75 on 1 March 2013 lost US$ 0.45 PMT in a week. The CFR South China coal swaps for Q4’ 2013 delivery also followed Q2 trend lost 1.18 percent W-o-W.

CFR South China coal swap for average Q4’  2013  delivery closed US$  1.75 higher compared to average Q2’  2013  delivery price. The calendar 2014 coal swap has closed US$  4.75 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.

Prices for lower-grade power station coal in Indonesia, gained last week amid rains in mining regions and rising demand from China, according to a Bloomberg survey.  “ Indonesian sub-bituminous coal with a heating value of 4,500 kilocalories a kilogram and maximum 1 percent sulfur rose to an average of $52.28 a metric ton in the week ended Feb. 22, from $48 a ton the previous week, according to the median forecast of four traders surveyed by Bloomberg News,"  as reported by The Jakarta globe, one of the leading English newspaper in Indonesia on 1 March 2013.

India hikes duty on imported steam coal.
The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime, government has reduced  custom and countervailing duty on Bituminous coal.

Finance Minister of India in his budget speech last week, announced a hike in the basic customs duty on steam coal from present zero to two percent and CVD from one per cent to two per cent. Bituminous coal importers now pay lower customs duty and CVD, in the meantime, power plant coal producer to pay higher customs duty and CVD.

Indian media reports say, the government announced raising basic custom and countervailing duty on steam coal, used in power generation, a step which analysts said will lead to marginal increase in power tariffs.



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

Recent News

Monday, 11 February 13
NEWCASTLE PORT SHIPPED 23.01 PERCENT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,967,761 MT of thermal and coking coal for week ended  0700 hours 11 February 2013, Newc ...


Sunday, 10 February 13
INDONESIA SUB-BIT SWAPS: "UP" - CFR SOUTH CHINA SWAPS: "DOWN"
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.72 percent W-O-W and CFR South China coal shipme ...


Sunday, 10 February 13
DRY BULK OVERSUPPLY OF TONNAGE SEEN WANING IN THE COMING MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It seems that the tide could be shifting in the dry bulk market, in terms of tonnage oversupply, according to the latest data figures. This could ex ...


Sunday, 10 February 13
HIGHER BUNKER PRICE PUSHES SEA FREIGHTS FIRM - REDDY
COALspot.com - The freight market was soft and all at same levels with Chinese year holidays next week. The BDI was slightly down by 0.27 pct ad ...


Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...


   876 877 878 879 880   
Showing 4386 to 4390 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 ...

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