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Friday, 05 April 13
SGX API 8 CFR SOUTH CHINA COAL SWAPS TO GO LIVE


COALspot.com - The Exchange has announced  that the SGX API 8 CFR South China Coal Swap will go live for clearing on SGX-DC starting from 29 April 2013.

According to a note from exchange, the SGX API 8 CFR South China Coal Swap will replace the existing SGX OTC CFR South China Coal Swap which was based on the IHS McCloskey/Xinhua Info link South China 5,500 kcal/kg NAR CFR Marker.

The new contract will be based on the API 8 index which is a combination of (1) IHS McCloskey/Xinhua Info link South China (5,500 kcal/kg NAR) CFR Marker as published by McCloskey; and (2) Argus 5,500 kcal/kg CFR South China Price Assessment as published by Argus Media.

This is in response to the increasing importance of coal trading and risk management activities in Asia based on the API 8 index, SGX exchange said in it note.

The API 8 is a weekly price assessment published at the end of the week.



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Sunday, 28 April 13
PANAMAX FREIGHT COULD BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - This BDI closed slightly lower at 871 points (down by 1.91 pct)  mainly due to drop in the Panamax index by almost 10 pct. Th ...


Saturday, 27 April 13
HANDY : SLIDING ; PANAMAX : POSITIVE ; CAPESIZE : STILL ON ITS KNEES - FEARNRESEARCH
Handy The Atlantic markets started sliding with no fresh cargoes seen in the market. The USG-Feast was at USD 18k and Black sea-Feast was at USD 11 ...


Saturday, 27 April 13
2ND CHINA INTERNATIONAL SHALE GAS SUMMIT
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Friday, 26 April 13
LIMA SUMMIT IN JULY TO HIGHLIGHT LATIN AMERICAN MINING POTENTIAL
COALspot.com - Latin American mining industry officials and their private sector counterparts will be gathering in Lima, Peru on July 1-2 for the La ...


Wednesday, 24 April 13
FUTURE US POWER MARKET SHARES OF COAL, NATURAL GAS GENERATORS DEPEND ON RELATIVE FUEL PRICES - EIA
COALspot.com - In recent years, in US, natural gas competed more effectively with coal as a fuel for electricity generation as the cost of operating ...


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