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

Thursday, 05 December 13
PANAMAX : THE FIRM TENDENCY CONTINUES - FEARNRESEARCH
Handy It has been an active week for the Supramax and Handysize segment. USG is almost boiling and charterers looking to cover their December stems ...


Wednesday, 04 December 13
INDONESIAN COAL EXPORTS VOLUME AND REVENUE IN OCTOBER MARCHED TOWARDS NORTH
COALspot.com:  Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $1.76* billion worth of ...


Wednesday, 04 December 13
WEST AUSTRALIA IRON ORE FIXTURES ALSO CONTINUING TO PROVIDE A STEADY FLOW OF BUSINESS FOR CAPES - INTERMODAL
The Dry Bulk market has reversed course this past week, bringing back some of the lost excitement of the past month, as all size segments climbed hi ...


Wednesday, 04 December 13
THE BUYERS' DEMAND IS CONTINUOUSLY BULLISH - KONSTANTINOS KONTOMICHIS
The very low rates that prevailed for the bigger part of 2013 seem to have prepared the ground for buying opportunities for shipping investors. The ...


Wednesday, 04 December 13
SGX AND CFA TO COLLABORATE TO DEVELOP DERIVATIVES MARKETS IN CHINA AND SINGAPORE
Singapore Exchange (SGX) and the China Futures Association (CFA) are cooperating in the development of derivatives markets in China and Singapore. ...


   794 795 796 797 798   
Showing 3976 to 3980 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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