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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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Sunday, 26 January 14
FREIGHT RATES FALL FURTHER ON LACK OF CARGOES - SOLYM CARRIERS
COALspot.com: The freight market has continued to soften further this week with BDI down by 12.31 pct. BDI was closed at 1,246 points week ended 24 ...
Friday, 24 January 14
US COAL PRODUCTION UP 3.9% ON WEEK IN WEEK ENDED SATURDAY - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.1 million short tons (mmst) of coal in ...
Friday, 24 January 14
DRY BULK MARKET STRUGGLING TO FIND FIRM FOOTING IN START OF 2014 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been faltering since the start of 2014, struggling to hold its ground as low seasonal demand has hindered further growth in ...
Thursday, 23 January 14
PANAMAX : THIS WEEK THE ACTIVITY CAME DOWN DRAMATICALLY - FEARNRESEARCH
Handy
With the Chinese New Year approaching the activity and rate levels are sliding in both hemispheres. Rates in the Atlantic have knocked off so ...
Thursday, 23 January 14
30 DAYS LEFT TO REGISTER FOR PACIFIC BASIN COAL CONFERENCE
COALspot.com: (Press Release) : IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Pacific Basin Coal Confer ...
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- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- The University of Queensland
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
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