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
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT


*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities


The debut of Australia ASX Ltd's first deliverable thermal coal futures failed to attract any business on its Tuesday launch.

The coal futures, based on free-on-board Newcastle coal, saw no bids, offers or deals placed. The front-month October contract settled at $71 a tonne.

"Liquidity will take some time to build up. It didn't happen overnight for globalCOAL and likewise, this will take some time to gather momentum," said an Australian-based trader.

ASX's thermal coal futures competes with the futures contracts launched in December by Intercontinental Exchange using electronic trading platform globalCOAL's NEWC price benchmark.

The deliverable feature on ASX's futures separates it from ICE's NEWC coal futures contract, which is a financial product.

Participants can use the contract either directly through the ASX platform or place their bids or offers with their over-the-counter brokers.

Trading hours for the contracts are between 8:34 am - 4:30 pm (Australian Eastern State time) and between 5:14 pm - 7:00 am.

The launch of ASX's coal futures in a region where large buyers have been slow to embrace hedging, have prompted some market players to question if the platform can gather sufficient liquidity.

"This is a new product altogether and we expect it will draw a new pool of liquidity from existing market players," Anthony Collins, general manager of emerging markets at ASX, told Reuters. "It won't be stealing liquidity from globalCOAL."

ASX said its deliverable coal futures and options contracts could serve as a forward price alternative to the existing editorial and over-the-counter (OTC) derived indexes used for swap contracts and index-linked supply agreements.

It said it will also present opportunities to arbitrage existing index-based swaps and related option products.

Source: Reuters



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

Recent News

Monday, 27 July 09
ADANI POWER'S $625 MILLION IPO TO GENERATE HOT DEMAND
  WSJ reported that, Adani Power, the electricity generating unit of India's Adani Enterprises Ltd., is set raise up to US$625 million in wha ...


Monday, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...


Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...


Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...


Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...


   1310 1311 1312 1313 1314   
Showing 6556 to 6560 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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