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

Monday, 09 December 13
SOUTH AFRICA'S RICHARDS BAY COAL EXPORTS IN NOVEMBER DECLINED 14.43% M-M
COALspot.com: South Africa's Richards Bay coal terminal exported 6.224 million tonnes of coal in November, declining by 1.05 million tons from the ...


Monday, 09 December 13
SUB-BIT INDONESIA COAL SWAP FOR Q3' 14 DELIVERY CLOSED $ 0.57 LESSER THAN Q1 CLOSING
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14  delivery gained $ 1.49 pmt month on month on Friday 6 Decembe ...


Sunday, 08 December 13
SOUTH CHINA COAL SWAPS SHOW A DECLINE TREND IN Q2 & Q3' 14
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 6.76 percept month on month as on Friday 6 December 2013. T ...


Sunday, 08 December 13
RBCT SHIPPED 63.446 MMT OF COALS YTD
COALspot.com - Richards Bay Coal Terminal (RBCT), the world's single largest coal terminal has shipped 63,446,232 mt of coals YTD, according to por ...


Saturday, 07 December 13
SUPRAMAX SHIPS FOR EC INDIA TO CHINA ROUTE BEING FIXED AT AROUND US$ 13K - SOLYM
COALspot.com: The freight market continued to be firm due to high Iron ore demand. The cape index was up by almost 25 pct this week. The grain seaso ...


   792 793 794 795 796   
Showing 3966 to 3970 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 ...

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