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

Tuesday, 03 December 13
PORT OF NEWCASTLE IN QUEENSLAND SHIPPED 1.22 MMT MORE COAL W-W
COALspot.com: In the week ended December 2, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.49 ...


Tuesday, 03 December 13
U.S PRODUCED 900.80 MMST YEAR-TO-DATE
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.7 million short tons (mmst) of coal in ...


Monday, 02 December 13
SUB-BIT INDONESIA COAL SWAP DIFFERENCE BETWEEN Q1 AND Q3 DELIVERIES ARE VERY MARGINAL
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14  delivery gained $ 1.67 pmt month on month on Friday 29 Novemb ...


Sunday, 01 December 13
API 8 CFR SOUTH CHINA COAL SWAP FOR Q2 AND Q3 DELIVERY SHOWS A DECLINE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.63 percept d-d on Friday 29 November 2013. The CFR South ...


Sunday, 01 December 13
PANAMAX RATES HAVE REBOUNDED - CAPT. REDDY
COALspot.com: The freight market was quite firm last week with all the indices increased. Cape Index was gained highest this week which supports inc ...


   795 796 797 798 799   
Showing 3981 to 3985 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 ...

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