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
Monday, 11 March 13
SUB-BIT FOB INDONESIA COAL SWAPS FELL 1.41 PERCENT W-W


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 1.41percent and CFR South China coal shipment  -0.95 W-O-W as of  Friday, 8 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 1.41percent  W-W but gained  0.15 percent on D-D on Friday, 8 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 4 March 2013 at US$  65.70 pmt and closed at US$  64.77 on 8 March 2013.

Q4’ 2013 deliveries for the sub-bit Indonesia's coal swap was opened at $ 67.13 pmt on 4 March 2013 and closed at $ 66.30 on 8 March 2013.  Average Q4’ delivery price has lost US$ 0.83 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$  3.29 (5.07 %) higher compared to average Q2  delivery price of US$  64.77 on 8 March  2013. In the meantime, the Q4’  2013 coal swap has closed US$ 1.53 (2.36 %) higher than Q2 ‘ 2013 swap on 8 March  2013.

CFR South China Coal Swaps
CFR South China coal shipment for average Q2’ 2013 delivery price lost 0.95 per cent  W-O-W.

The average Q4’ 2013 delivery price has also lost  W-W and D-D. The contract for the Q2’ 2013 prices lost US$ 0.83 W-o-W and closed at US$ 85.92 a ton on 8 March 2013. Q4 CFR South China coal shipment prices lost US cents 96 PMT W-W and gained US cents 5 per MT DoD.

CFR South China coal shipments (average Q2’ 2013 delivery) was opened at $  86.75 on 4 March  2013  and closed at $  85.92 on 8 March 2013 lost US$ 0.83 PMT in a week. The CFR South China coal swaps for Q4’ 2013 delivery also followed Q2 trend lost 1.08 percent W-o-W.

CFR South China coal swap for average Q4’  2013  delivery closed US$ 1.62 higher compared to average Q2’  2013  delivery price. The calendar 2014 coal swap has closed US$ 4.76 higher than average Q2 2013 swap.

Indonesia HBA
Indonesian government has sets its March HBA at US$ 90.09 for 6322 GAR coal. March 2013 HBA, US$ 1.74 higher compared to February 2013  bench mark price.

The government of Indonesia is planning to increase the state’s non-tax revenues (PNBP) by raising the fee for a borrow-to-use permit (Ijin Pinjam Pakai) from Indonesian Rupiah 3 million (approximately US$ 309.85) to Indonesian Rupiah 4 million (approximately US$ 413.13) per hectare per annum. The fee increase will be varied depends on industry. However, the highest increase will be for mining activities.

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, 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.



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

Recent News

Thursday, 11 April 13
TNEB HAS OPENED 4.2 MILLION TONS IMPORTED COAL TENDER
COALspot.com - TANGEDCO, the state run utility TANGEDCO (formerly known as TNEB), Tamil Nadu state owned electricity company has opened bids to purc ...


Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline. Total production is down 9.9 million short t ...


Wednesday, 10 April 13
DRY BULK FREIGHT RATES SEEN MOSTLY STABLE IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per ...


Monday, 08 April 13
SUB-BIT INDONESIA COAL SWAPS: UPWARD TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.71 percent and CFR South China coal shipment&nbs ...


Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down. The BDI was down by 5.38 pct closing at 861 points and the ...


   863 864 865 866 867   
Showing 4321 to 4325 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 ...

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