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Monday, 03 February 14
SUB-BIT INDONESIA COAL SWAP GAINED WEEK ON WEEK
COALspot.com – Swaps prices gained for thermal coal loading from Indonesia, the world’s largest exporter of the fuel, according SGX.
The contract for Indonesian sub-bituminous coal in the third quarter rose 42 cents to $ 60.42 a metric ton week on week according to SGX. The Q4 contract held at $ 60.60 a ton.
A commodity swap is a financial agreement whereby a floating price is exchanged for a fixed rate over a specified contract period.
Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost 1.86% pmt month on month on Friday 31 January 2014. The Indonesian coal swaps for average Q1’ 2014 gained on day & week but lost on month according to AsiaClear OTC coal swap's reports released last Friday.
Sub-Bit FOB Indonesia coal swap for (average) Q1’ 14 delivery was closed at US$ 60.84 per MT or US$ 0.06 higher day on day.
Q3' 2014 delivery for the sub-bit Indonesia's coal swap was closed at US$ 60.42 per MT on 31 January 2014, US$ 0.42 higher than last Friday (24 Jan 2014) price and US$ 0.91 lower than a month ago price of US$ 61.33.
The Q4 delivery price flat on day, gained on week and fell on month. Coal swap for Q3 14 also followed Q4 trend. Average calendar 2015, swaps lost around US$ 1.00 per MT on month.
Asia Clear OTC Sub-Bit Indonesia coal swap for average Q3 14 delivery closed US cents 42 (0.69%) lower compared to average Q1’ 2014 delivery price of US$ 60.84 on 31 January 2014. In the meantime, the coal swap for Q4 delivery, closed average US cents 24 (0.39 %) lower than Q1 delivery for the same period.
Sub-Bit FOB Indonesia coal swap for second half of 2014 or Q3 and Q4 delivery swaps were closing lower than Q1 swaps and showing a weak direction.
Coal swap for delivery Q1 gained US cents 6 (0.10%) on day and US cents 31 (0.51%) on week, but lost US$ 1.15 (1.86%) on month. Q4' 2014 delivery price has also lost 1.59% month on month, gained 0.83% on week and flat on day as of 31 January 2014.
The sub-bit Indonesia's coal swap for Q1’ 2014 delivery has achieved highest price of US$ 60.84 / MT the last day of the month or the week ended on 31 January 2014 and has entered its lowest level (US$ 60.77 / MT) on 29 January 2014).
Sub-Bit Indonesia coals swap for delivery Q3 & Q4 2014 shows a weak performance compared to Q1 trend.
In the meantime, the Indonesian based English news paper, the Jakarta globe reported that, the Indonesian government will raise the coal royalty for IUP holders to 13.5 percent as previously agreed by lawmakers, as stated by R. Sukhyar, the director general for coal and mineral resources. Currently, IUP holders pay 3 percent to 5 percent as royalty for coal, significantly lower than the 13.5 percent levied on CCoW holders.
The above article is subject to SGX’s and COALspot.com’s disclaimer clauses.
If you believe an article violates your rights or the rights of others, please contact us.
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Tuesday, 28 January 14
DRY BULK SHIP OWNERS RETREAT TO OLD 'HABITS', REFUSING TO DEMOLISH OLD VESSELS, THREATENING MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
If one thing is clear as we reflect on the 2013 shipping markets, it's that ship owners took advantage of low prices, in order to acquire newer ton ...
Monday, 27 January 14
MERCATOR SINGAPORE REPORTS 52% INCREASE IN EBITDA FOR Q3 FY 2014 AS COMPARED TO PREVIOUS QUARTER
COALspot.com: Mercator Lines (Singapore) Limited, a leading Indian-owned international dry bulk shipping company that operates a fleet of fourteen d ...
Monday, 27 January 14
13TH CLEAN COAL FORUM 2014
COALspot.com: (Press Release) - Produced by CDMC Events, The 13th Clean Coal Forum 2014 will be held on June 12 &13 2014 in Beijing, China. We a ...
Monday, 27 January 14
Q3 & Q4 API 8 CFR SOUTH CHINA COAL SWAPS CONTINUE TO REMAIN WEAK
COALspot.com: API 8 CFR South China Coal swaps for average Q1 14 delivery lost 4.45 percent month on month and closed at US$ 79.05 per mt as on Frid ...
Monday, 27 January 14
Q3 2014 SUB-BIT INDONESIA COAL SWAP LOST GROUND, ENDS AT $60 PMT
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost 2.29% pmt month on month on Friday 24 January 2014. Th ...
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- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Minerals Council of Australia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- The University of Queensland
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
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