We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 25 February 14
SGX'S MONTHLY VOLUMES DRASTICALLY INCREASED AND REACHED A RECORD OF 810K TONNES YEAR-ON-YEAR
COALspot.com: SGX Thermal Coal derivatives started the new year with record volumes in January on the back of higher volatility, says SGX.
According to SGX, monthly volumes drastically increased year-on-year to reach a record of 810,000 tonnes. The one-day volume record was also renewed at 240,000 tonnes. Meanwhile open interest continued its growth for the seventh consecutive month to also set a new record at 925,000 tonnes.
Performance for the Indonesian Sub-Bituminous coal, in particular, stood out as monthly volumes also grew to record highs of 570,000 tonnes. According to SGX, key contributing brokers to the growing volumes and open interest in January are GFI Group and Marex Spectron.
SGX further said, customers were well-diversified from various segments of the industry. Traders, Power generation companies and Miners each account for a sizable portion of volumes in 2013 at 38%, 32%, and 24% respectively. Banks constituted the remaining 6% of participation.
Meanwhile, a high correlation (approximately 75%) between SGX API 8 CFR China Coal and ZCE thermal coal active-month prices also reflects close links between the sea-borne and domestic China thermal coal market.
 |
According to Standard Chartered Bank research, oversupply in both Global and Asian thermal coal markets will continue into 2014. This coupled with caution around slowing growth in emerging economies is expected to put downward pressure on thermal coal prices. Typically, being the cheapest and hence largest source of fuel for power generation in developing economies, coal is often the first among commodities to be impacted by energy demand and economic growth forecasts in these regions. As cited in media reports, in recent weeks, China-based coal firms and in particular, bank lending to these firms have come under scrutiny for risk of defaults due to softening coal prices and liquidity crunch. Hedging against significant price risk and counterparty credit defaults becomes even more important under such a market environment.
Rising Front Month Price Volatility
In addition, price volatility in recent months has also been inching up. Front month daily price volatility for SGX API 8 CFR China Coal derivatives broke out of the 4% range in December 2014 for the first time in more than a year. Similarly, price volatility for SGX Indonesian Sub-Bituminous Coal derivatives hit 4% for the first time in 6 months all pointing towards rising volatility in coal resulting in increasing need for hedging price risk, SGX says its latest note.
Source: SGX
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 24 February 14
DRY BULK MARKET TO IMPROVE OVER THE COURSE OF 2014, BUT OVERSUPPLY STILL AN ISSUE SAYS BIMCO'S CHIEF SHIPPING ANALYST
As a gruelling first quarter edges closer to the end, dry bulk ship owners are looking at an improved second quarter demand, which, coupled with slo ...
Monday, 24 February 14
INDONESIAN SUB-BITUMINOUS COAL SWAP FOR DELIVERY APRIL - JUNE 2014 SLIDES TO $ 58.60 PMT
COALspot.com – Indonesia, the world’s the largest exporter of the thermal coal's swaps for delivery April - June 2014 slide week ended ...
Monday, 24 February 14
Q1 2015 DELIVERY COAL SWAP CLOSED AT 2.62% HIGHER THAN Q2 2014 CLOSING SWAPS
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 2.68 percent month on month and closed at US$ 76.20 per mt as on Fr ...
Saturday, 22 February 14
SHIPPING POISED TO RALLY AFTER SEVERAL WEEKS OF DROP
COALspot.com: The freight market was steady to firm with the dry bulk index up by 6.24 pct closing at 1,175 points week on week and the cape index w ...
Saturday, 22 February 14
POTEN RAISES THE QUESTION OF ACCURACY IN CALCULATING TANKER FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the tanker market has grown in complexity over the course of the past few years, the question of whether the traditional methods of assessing rat ...
|
|
|
Showing 3836 to 3840 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- PTC India Limited - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Planning Commission, India
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
|
| |
| |
|