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 : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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