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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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Wednesday, 02 April 14
BPI BREAKING BELOW THE 1,000 PSYCHOLOGICAL LEVELS - INTERMODAL
Any resistance put forth by the Dry Bulk market the week prior was succumbed this time round. All indices slid and losses were noted across the ...
Tuesday, 01 April 14
NEWCASTLE PORT SHIPPED 11.95 MILLION TONS OF COAL IN MARCH 2014
COALspot.com: In the week ended 31 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2 ...
Monday, 31 March 14
SHIPPING CONFIDENCE HITS HIGHEST LEVEL SINCE 2008 - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for almost six years in the three-month period to February 2014, ...
Monday, 31 March 14
COAL SWAP FOR Q1 2015 DELIVERY HAS CLOSED 4.76% HIGHER COMPARED Q2 14 CLOSING
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 gained this pa ...
Monday, 31 March 14
CFR SOUTH CHINA COAL SWAP FOR Q2 14 DELIVERY LOST 1.17% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.17 percent month on month and closed at US$ 75.38 per m ...
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- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
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