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

Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...


Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland. The terminal is now ...


Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...


Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...


Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal * Petcoke prices up $10/T Feb-Jun, set to rise further * Domestic U.S. petcoke demand ma ...


   1325 1326 1327 1328 1329   
Showing 6631 to 6635 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 ...

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