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Monday, 07 April 14
API 8 CFR SOUTH CHINA COAL SWAPS GAINED 2.09% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries gained 2.09 percent month on month and closed at US$ 75.68 per mt as on Friday 4 April 2014. The CFR South China Coal swap for delivery Q4 2014 lost day on day but gained week on week and month on month according to SGX AsiaClear OTC coal swap's reports released week ended 4 April 2014.
SGX has launched SGX Thermal Coal Futures on 21 Oct 2013.
Q4 delivery swap closed at US$ 76.42 a ton on 4 April 2014, a US$ 0.25 higher from a month and US$ 0.25 higher from a week ago closing of US$ 76.17. API 8 CFR South China coal shipment price for Q1'15 delivery has gained US$ 0.27 month on month.
Q1’15 delivery swap closed at US$ 77.25 pmt on 4 April 2014, a $ 1.57 higher compared to Q2’ 2014 closing.
API 8 CFR South China Coal swap for average Q4’ 2014 deliveries closed US$ 0.74 (0.98%) higher compared to average Q2’ 2014 delivery price of US$ 75.68 on 4 April 2014. In the meantime, the average Q1 2015 coal swap was also closed 2.07 percent (US$ 1.57) higher than Q2’ 2014 swaps for the same period. According to this last week's swaps trend, Q4 2014 and Q1 2015 coal swaps are higher compared to Q2 prices. Market is showing a positive move compare to Q2 prices versus end of this year or early next year prices.
API 8 CFR South China Coal for Q2’ 2014 delivery swap was achieved a highest price (US$ 75.75) on 3 April 2014, and swap experienced a lowest closing (US$ 75.52) on 1 April 2014.
API 8 CFR South China Coal swaps for deliveries Q2, Q4 and Q1 next year gained month on month and week on week.
China's coal price has dropped to the lowest level since end-2008 and Fitch does not expect market conditions to meaningfully improve in the short-term. The coal market is still oversupplied with low cost imports and heated price competition among China's large domestic mining companies, says Fitch Ratings.
Fitch ratings has downgraded a China-based coal miner’s rating recently with the view that coal prices will remain subdued for an extended period.
Fitch says in its rating upgrade that, the Chinese coal demand is likely to remain sluggish given the overall deceleration in China's industrial sector growth, increasing share of renewable capacity in power generation and policy headwinds from China's initiatives to reduce environment pollution, especially in eastern China.
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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Monday, 07 April 14
WEEKLY SUB-BIT FOB INDONESIA COAL SWAP CLAIMS EDGE FALL; TREND NEGATIVE
COALspot.com: Indonesian coal swaps for average Q4’ 2014 lost on month, day and on week according to AsiaClear OTC coal swap's reports ...
Sunday, 06 April 14
THE FREIGHT MARKET KEEPS SLIDING
COALspot.com: The freight market continued to drop this week. The BDI (Baltic Dry Index) is a widely followed metric that reflects the overall r ...
Friday, 04 April 14
UNITED STATES COAL OUTPUT UP 5.4% IN PAST WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.9 million short tons (mmst) of coal i ...
Thursday, 03 April 14
PANAMAX SECTOR IS WATCHING A SEVERE DROP IN RATES - FEARNLEYS
Handy
A further weaker sentiment for the Supras as well in both hemispheres this week with oversupply of tonnage being the major headline. Tra ...
Wednesday, 02 April 14
CHINA: ARBITRATION CLAUSES IN BILLS OF LADING UNDER CHINESE LEGAL PRACTICE - SKULD
KNOWLEDGE TO ELEVATE
Successful incorporation of a charterparty arbitration clause into the bills of lading is not a straight forward matte ...
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- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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