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
Wednesday, 04 December 13
SGX'S MONTHLY VOLUMES REACHED A RECORD HIGH OF 705,000 MT IN NOVEMBER 2013


COALspot.com: SGX has announced that, it monthly volumes have reached a record high of 705 lots (705,000 mt) in November 2013 with month-end open interest touching an all-time high of 605 lots (605,000 mt).

According to SGX, the participation in SGX thermal coal markets were represented by natural hedgers (power generation & mining companies), global and Chinese trading firms and international banks. These record volumes and open interest were supported by thermal coal desks at various interdealer broking houses and in particular GFI Group Pte Ltd and Marex Spectron Asia Pte Ltd who between them represented the majority share of the market.

“SGX is thankful and appreciative of its customers and the interdealer brokers in contributing towards the development of this marketplace”, SGX said in a note. Of encouraging note is the greater acceptance of the API 8 index with record volumes hitting an all-time high of 460 lots (460,000 mt) this month. According to SGX, this is reflective of Chinese demand for physical coal in preparation for the upcoming winter and also due to low coal stockpiles both at the port and power plants. Front month prices have become more volatile leading to increasing hedging activity.

SGX further said in its note, for the first time, total cleared volumes on API 8 has crossed 2 million tons in a month across all exchanges. In comparison to sea-borne imports into China, this is still a small number with potential for significant growth. According to Standard Chartered Bank research, in 2012, China imported about 200 million tons of coal across all grades and that number is estimated to be 260 million tons for 2013.

In late September, Zhengzhou Commodity Exchange (ZCE) launched a thermal coal futures contract. Liquidity in ZCE’s contract are observed in its May 2014 contract month followed by Jan 14 contract. Correlation of daily settlement prices of SGX’s API 8 coal contract and ZCE’s thermal coal contract shows a strong correlation on the front of the curve while price behavior around the midpoint of the forward curve represents conflicting viewpoints. This price behavior is based on limited data points observed between 8th October 2013 to 30th November 2013, SGX said in its note.

SGX offers thermal coal swaps and futures contracts on SGX API 8 CFR China Coal Index and SGX IHS McCloskey Indonesian Sub-bit FOB Index.

The combination of swaps and futures is designed to meet the needs of customers with a choice of instruments. The futures contracts are fully fungible with their corresponding swaps currently cleared by SGX-DC. Customers can enjoy margin offsets of up to 70% on calendar or inter-commodity spread trades between SGX API 8 CFR China coal and SGX IHS McCloskey Indonesian Sub-Bit FOB coal derivatives. These margin offsets are also applicable between swaps and futures.



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

Recent News

Wednesday, 11 December 13
THE INDONESIAN GOVERNMENT IS CONSIDERING SETTING A REGULATION ON THE MINIMUM PURITY TO REGULATE UNPROCESSED ORE BAN
COALspot.com: Energy and Mineral Resources Minister Jero Wacik recently proposed to house those mining (mineral) companies that had shown a commitme ...


Wednesday, 11 December 13
BDI REACHED A PEAK OF YEAR RECORD OF 2,237 POINTS WHICH IS A SIGNIFICANT CHANGE IN MARKET CONDITIONS
Getting closer to the end of 2013, it is important that we have a review of the course the market has taken these past 12 months by looking at the B ...


Tuesday, 10 December 13
HNL, AN INDIAN STATE-OWNED NEWSPRINT PAPER MAKER SEEKS 50K TONS OF INDONESIAN 5600 COAL
COALspot.com: Hindustan Newsprint limited (HNL), an Indian state owned news print paper producer invited bids to supply 50,000MT of min 5,200kcal/kg ...


Tuesday, 10 December 13
COLOMBIAN THERMAL COAL EXPORTS SLIPPED 25.54% M-M IN OCTOBER'13
COALspot.com: Colombia's Thermal coal exports in October dropped 25.54% month on month to 5,990,815.13 million mt, according to data from mining de ...


Tuesday, 10 December 13
NEWCASTLE COAL EXPORTS PLUNGE W-O-W
COALspot.com: In the week ended December 9, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.50 ...


   791 792 793 794 795   
Showing 3961 to 3965 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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