We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Saturday, 07 December 13
A RARE TIME IN RECENT SHIPPING MARKET HISTORY: BOTH DRY BULK AND VLCC TANKER EARNINGS ARE ON THE RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Around this time of year, back in 2008, i.e. five years ago, the shipping markets were plagued with the aftermath of the global financial crisis tha ...
Friday, 06 December 13
INDONESIAN PARLIAMENT REJECTED A GOVERNMENT PROPOSAL TO EASE THE BAN ON EXPORTING UNPROCESSED ORE
COALspot.com: Indonesian House of Representatives rejected a proposal from Energy and Mineral Resources Minister Jero Wacik on to ease the ban on ex ...
Friday, 06 December 13
THE MINISTRY OF ENERGY & MINERAL RESOURCES OF INDONESIA FIXED DEC'13 HBA AT US$ 80.31
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 2.18 / MT ...
Friday, 06 December 13
US PRODUCED APPROXIMATELY 82.8 MILLION SHORT TONS OF COAL IN NOVEMBER 2013
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.00 million short tons (mmst) of coal in ...
Friday, 06 December 13
PANAMAXES HAVE BEEN THE ' WEAPON OF CHOICE' BY MOST DRY BULK SHIP OWNERS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Low ship prices, the direct consequence of subdued freight rates for the larger part of 2013 have been the main driving force behind this year's ag ...
|
|
|
Showing 3971 to 3975 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- PTC India Limited - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Australian Coal Association
|
| |
| |
|
