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

Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...


Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended  0700 hours 14 January 2013, Newca ...


Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...


Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...


Sunday, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct clo ...


   883 884 885 886 887   
Showing 4421 to 4425 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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