COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 10 July 14
SGX EXPANDS ACROSS THE BULKS WITH NEW COAL PRODUCTS

COALspot.com: Singapore Exchange (SGX) is expanding its bulk commodity derivatives offering by launching new coking and thermal coal products on 4 August 2014. According to SGX's e-mail note, In addressing the market’s needs for more effective risk management solutions on commodities, SGX is launching new coking and thermal coal products early next month.

Coking Coal – enhancing the steel derivatives complex

Coking coal, also known as metallurgical coal, is a key raw material in the production of steel. Today, the majority of seaborne coking coal trade flow is concentrated in the Asia Pacific region. Australia makes up well over half of total seaborne supply, while approximately two thirds of demand is from major North Asian steelmaking regions (such as China, Japan, Korea, Taiwan & India).

Comprising approximately one-third of the variable cost in the production of crude steel, fluctuations in coking coal prices can significantly impact steelmaker profitability. Furthermore, the industry is transitioning towards wider adoption of shorter-term spot and index-linked pricing, adding greater price volatility and uncertainty across the steel value chain.

SGX believes that, the new SGX Coking Coal Swaps and Futures will augment the existing Iron Ore and HRC Steel derivative contracts. Market participants can more effectively lock in the ‘hot metal spread’ on one single clearing platform, and at the same time benefit from inter-commodity margin offsets, improving capital efficiency.

A note from SGX further said that, with increasing adoption of shorter-term index-linked pricing, SGX will launch two new premium hard coking coal derivative contracts (FOB Australia & CFR China) to support market participants with more effective price risk management solutions across the steel value chain.

Thermal Coal – all major Asian prices: one time-zone, one platform

Asia is both a key producer and consumer of thermal coal.

A decade ago, Asia accounted for approximately half of seaborne thermal coal demand. Today, Asian accounts for about three quarters of total seaborne demand. China and India in particular have been key drivers of seaborne thermal coal demand growth in recent years, while Indonesia and Australia are key exporters of the commodity, said SGX.

According to SGX, to serve the needs of the growing Asian thermal coal market, SGX is expanding its existing thermal coal product offerings (API 8 and IHS McCloskey Indonesian Sub-Bituminous Coal derivatives) to include derivatives based on the API 4 and API 5 indices.

API 4 is the price benchmark for thermal coal exported FOB (free-on-board) from Richards Bay in South Africa. While South African exports were historically more of a European market, the market has evolved in recent years and Asia now accounts for a majority of API 4 demand.

API 5 meanwhile is the price benchmark for thermal coal exported FOB from Newcastle in Australia, which has become an increasingly important reference price as Chinese imports have risen.

SGX enhances its suite of bulk commodity products with four new coking and thermal coal derivative products. These new contracts will complement our existing AsiaClear products to provide customers with access to even more effective, efficient and comprehensive risk management.  According to SGX, all four contracts will be launched on 4 August 2014.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 16 July 14
INDIA BUDGET HAS LIMITED SHORT TERM IMPACT ON POWER SECTOR - FITCH RATINGS
Fitch Ratings says that the measures announced relating to India's electricity sector in the budget for FY2015 are directionally correct but in ...


Wednesday, 16 July 14
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
Wake me up when September ends - Theodore Ntalakos Since last September most thought that the worst was behind us. It looks like the market de ...


Tuesday, 15 July 14
INDONESIA'S TOTAL COAL PRODUCTION REACHED ANOTHER HIGH DURING THE FIRST SIX MONTHS; GOVERNMENT EXPECTED TO RAISE ROYALTIES
COALspot.com: Indonesia's total coal production reached 213 million tons during January through June, up by 7.6 percent y-o-y. Coal output in I ...


Monday, 14 July 14
THE END OF THE ERA OF HEAVY FUEL OIL IN MARITIME SHIPPING - ICCT
KNOWLEDGE TO ELEVATE Since the 1960s, heavy fuel oil (HFO) has been the king of marine fuels. Viscous, dirty, yet inexpensive and widely avail ...


Monday, 14 July 14
SGX SUB-BIT FOB INDONESIA COAL SWAP FOR Q4' 14 DELIVERY CLOSED AT $ 54.80
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...


   719 720 721 722 723   
Showing 3601 to 3605 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • J M Baxi & Co - India
  • Wood Mackenzie - Singapore
  • GVK Power & Infra Limited - India
  • Sarangani Energy Corporation, Philippines
  • JPMorgan - India
  • Semirara Mining and Power Corporation, Philippines
  • Merrill Lynch Commodities Europe
  • Australian Coal Association
  • Kobe Steel Ltd - Japan
  • GAC Shipping (India) Pvt Ltd
  • Jatenergy - Australia
  • Sical Logistics Limited - India
  • Central Java Power - Indonesia
  • Edison Trading Spa - Italy
  • Tata Power - India
  • World Coal - UK
  • Maybank - Singapore
  • Indika Energy - Indonesia
  • Carbofer General Trading SA - India
  • Australian Commodity Traders Exchange
  • Jorong Barutama Greston.PT - Indonesia
  • Lafarge - France
  • Arch Coal - USA
  • Noble Europe Ltd - UK
  • BRS Brokers - Singapore
  • Romanian Commodities Exchange
  • Meenaskhi Energy Private Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Grasim Industreis Ltd - India
  • San Jose City I Power Corp, Philippines
  • Mercuria Energy - Indonesia
  • Videocon Industries ltd - India
  • Medco Energi Mining Internasional
  • Independent Power Producers Association of India
  • Total Coal South Africa
  • Thai Mozambique Logistica
  • Formosa Plastics Group - Taiwan
  • ING Bank NV - Singapore
  • Runge Indonesia
  • Kumho Petrochemical, South Korea
  • Binh Thuan Hamico - Vietnam
  • TGV SRAAC LIMITED, India
  • Bharathi Cement Corporation - India
  • Bukit Makmur.PT - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Jindal Steel & Power Ltd - India
  • Borneo Indobara - Indonesia
  • ETA - Dubai
  • Directorate Of Revenue Intelligence - India
  • Oldendorff Carriers - Singapore
  • Eastern Coal Council - USA
  • Vizag Seaport Private Limited - India
  • Sindya Power Generating Company Private Ltd
  • Vale Mozambique
  • Chettinad Cement Corporation Ltd - India
  • Indonesia Power. PT
  • Attock Cement Pakistan Limited
  • Barclays Capital - USA
  • WorleyParsons
  • Argus Media - Singapore
  • Trasteel International SA, Italy
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Vedanta Resources Plc - India
  • Port Waratah Coal Services - Australia
  • New Zealand Coal & Carbon
  • LBH Netherlands Bv - Netherlands
  • Ind-Barath Power Infra Limited - India
  • Inspectorate - India
  • Gresik Semen - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Thriveni
  • The University of Queensland
  • Japan Coal Energy Center
  • Surastha Cement
  • Clarksons - UK
  • Bank of China, Malaysia
  • Platou - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Gupta Coal India Ltd
  • Billiton Holdings Pty Ltd - Australia
  • Mitsui
  • Bhatia International Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Global Business Power Corporation, Philippines
  • Kaltim Prima Coal - Indonesia
  • CESC Limited - India
  • JPower - Japan
  • Rio Tinto Coal - Australia
  • Altura Mining Limited, Indonesia
  • Cebu Energy, Philippines
  • Africa Commodities Group - South Africa
  • Leighton Contractors Pty Ltd - Australia
  • Electricity Authority, New Zealand
  • Heidelberg Cement - Germany
  • Thermax Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Star Paper Mills Limited - India
  • Singapore Mercantile Exchange
  • Karbindo Abesyapradhi - Indoneisa
  • Petrochimia International Co. Ltd.- Taiwan
  • Coal India Limited
  • PowerSource Philippines DevCo
  • Price Waterhouse Coopers - Russia
  • McKinsey & Co - India
  • IEA Clean Coal Centre - UK
  • Permata Bank - Indonesia
  • EIA - United States
  • Metalloyd Limited - United Kingdom
  • Energy Development Corp, Philippines
  • Samtan Co., Ltd - South Korea
  • Xstrata Coal
  • Holcim Trading Pte Ltd - Singapore
  • The India Cements Ltd
  • Gujarat Electricity Regulatory Commission - India
  • Meralco Power Generation, Philippines
  • Pendopo Energi Batubara - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Mechel - Russia
  • Parry Sugars Refinery, India
  • Interocean Group of Companies - India
  • Rudhra Energy - India
  • GMR Energy Limited - India
  • Credit Suisse - India
  • Bank of America
  • Kohat Cement Company Ltd. - Pakistan
  • ASAPP Information Group - India
  • Salva Resources Pvt Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • Ambuja Cements Ltd - India
  • Mitra SK Pvt Ltd - India
  • EMO - The Netherlands
  • CIMB Investment Bank - Malaysia
  • Electricity Generating Authority of Thailand
  • GHCL Limited - India
  • Indian School of Mines
  • Agrawal Coal Company - India
  • Pinang Coal Indonesia
  • KEPCO - South Korea
  • Petrosea - Indonesia
  • Shree Cement - India
  • South Luzon Thermal Energy Corporation
  • Mercator Lines Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Siam City Cement - Thailand
  • International Coal Ventures Pvt Ltd - India
  • SMC Global Power, Philippines
  • Eastern Energy - Thailand
  • TRAFIGURA, South Korea
  • Ministry of Mines - Canada
  • Orica Australia Pty. Ltd.
  • Deloitte Consulting - India
  • SN Aboitiz Power Inc, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Core Mineral Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • KPMG - USA
  • Indorama - Singapore
  • SASOL - South Africa
  • Global Green Power PLC Corporation, Philippines
  • Adaro Indonesia
  • Tata Chemicals Ltd - India
  • Semirara Mining Corp, Philippines
  • globalCOAL - UK
  • Thailand Anthracite
  • Rashtriya Ispat Nigam Limited - India
  • GNFC Limited - India
  • Mjunction Services Limited - India
  • Goldman Sachs - Singapore
  • Adani Power Ltd - India
  • Shenhua Group - China
  • NALCO India
  • CoalTek, United States
  • Power Finance Corporation Ltd., India
  • Lanco Infratech Ltd - India
  • KPCL - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • TNPL - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Therma Luzon, Inc, Philippines
  • TeaM Sual Corporation - Philippines
  • Indogreen Group - Indonesia
  • Maheswari Brothers Coal Limited - India
  • CCIC - Indonesia
  • Baramulti Group, Indonesia
  • Bangladesh Power Developement Board
  • GB Group - China
  • Coal and Oil Company - UAE
  • TANGEDCO India
  • Manunggal Multi Energi - Indonesia
  • Larsen & Toubro Limited - India
  • Humpuss - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Posco Energy - South Korea
  • World Bank
  • Chamber of Mines of South Africa
  • Antam Resourcindo - Indonesia
  • Iligan Light & Power Inc, Philippines
  • DBS Bank - Singapore
  • Idemitsu - Japan
  • SGS (Thailand) Limited
  • Orica Mining Services - Indonesia
  • India Bulls Power Limited - India
  • Thiess Contractors Indonesia
  • Geoservices-GeoAssay Lab
  • Thomson Reuters GRC
  • Banpu Public Company Limited - Thailand
  • Indonesian Coal Mining Association
  • Cosco
  • Moodys - Singapore
  • Cargill India Pvt Ltd
  • Essar Steel Hazira Ltd - India
  • Vitol - Bahrain
  • Malco - India
  • Energy Link Ltd, New Zealand
  • Riau Bara Harum - Indonesia
  • SMG Consultants - Indonesia
  • Planning Commission, India
  • The Treasury - Australian Government
  • Sakthi Sugars Limited - India
  • Ministry of Transport, Egypt
  • Cardiff University - UK
  • Kideco Jaya Agung - Indonesia
  • The State Trading Corporation of India Ltd
  • APGENCO India
  • Coeclerici Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Indian Oil Corporation Limited
  • IBC Asia (S) Pte Ltd
  • Siam City Cement PLC, Thailand
  • OCBC - Singapore
  • Marubeni Corporation - India
  • Bhushan Steel Limited - India
  • Sucofindo - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Parliament of New Zealand
  • Samsung - South Korea
  • Xindia Steels Limited - India
  • RBS Sempra - UK
  • Coal Orbis AG
  • Gujarat Sidhee Cement - India
  • HSBC - Hong Kong
  • ANZ Bank - Australia
  • Deutsche Bank - India
  • Glencore India Pvt. Ltd
  • Coalindo Energy - Indonesia
  • ICICI Bank Limited - India
  • Petron Corporation, Philippines
  • PLN Batubara - Indonesia
  • Kobexindo Tractors - Indoneisa
  • KOWEPO - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Simpson Spence & Young - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Reliance Power - India
  • London Commodity Brokers - England
  • Bahari Cakrawala Sebuku - Indonesia
  • Georgia Ports Authority, United States
  • Karaikal Port Pvt Ltd - India
  • UOB Asia (HK) Ltd
  • Alfred C Toepfer International GmbH - Germany
  • White Energy Company Limited
  • Peabody Energy - USA
  • Pipit Mutiara Jaya. PT, Indonesia
  • Berau Coal - Indonesia
  • U S Energy Resources
  • PetroVietnam
  • Bukit Baiduri Energy - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • NTPC Limited - India
  • Russian Coal LLC
  • Globalindo Alam Lestari - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Jaiprakash Power Ventures ltd
  • Bangkok Bank PCL
  • Savvy Resources Ltd - HongKong
  • Ince & co LLP
  • Cement Manufacturers Association - India
  • SUEK AG - Indonesia
  • Merrill Lynch Bank
  • IHS Mccloskey Coal Group - USA
  • Anglo American - United Kingdom
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Coastal Gujarat Power Limited - India
  • Barasentosa Lestari - Indonesia
  • Madhucon Powers Ltd - India
  • Dalmia Cement Bharat India
  • Qatrana Cement - Jordan
  • Miang Besar Coal Terminal - Indonesia
  • Standard Chartered Bank - UAE
  • Arutmin Indonesia
  • Asia Cement - Taiwan
  • Maharashtra Electricity Regulatory Commission - India
  • BNP Paribas - Singapore
  • SRK Consulting
  • Toyota Tsusho Corporation, Japan
  • CNBM International Corporation - China
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Platts
  • Coaltrans Conferences
  • bp singapore
  • Asian Development Bank
  • Ministry of Finance - Indonesia
  • Fearnleys - India
  • Freeport Indonesia
  • Bulk Trading Sa - Switzerland
  • Malabar Cements Ltd - India
  • Intertek Mineral Services - Indonesia
  • VISA Power Limited - India
  • Bhoruka Overseas - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Tanito Harum - Indonesia
  • Mintek Dendrill Indonesia
  • Wilmar Investment Holdings
  • Commonwealth Bank - Australia
  • Straits Asia Resources Limited - Singapore
  • UBS Singapore
  • Makarim & Taira - Indonesia
  • Latin American Coal - Colombia
  • Mitsubishi Corporation
  • Inco-Indonesia
  • Indian Energy Exchange, India
  • Kalimantan Lumbung Energi - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • IOL Indonesia
  • IMC Shipping - Singapore
  • Infraline Energy - India
  • PTC India Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Central Electricity Authority - India
  • Maruti Cements - India
  • Enel Italy
  • Global Coal Blending Company Limited - Australia
  • Panama Canal Authority
  • Uttam Galva Steels Limited - India
  • Sojitz Corporation - Japan
  • Aboitiz Power Corporation - Philippines
  • Economic Council, Georgia
  • PLN - Indonesia
  • McConnell Dowell - Australia
  • MS Steel International - UAE
  • Maersk Broker
  • Aditya Birla Group - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kepco SPC Power Corporation, Philippines
  • Minerals Council of Australia
  • Cigading International Bulk Terminal - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Renaissance Capital - South Africa
  • ACC Limited - India
  • Cemex - Philippines
  • MEC Coal - Indonesia
  • Tamil Nadu electricity Board
  • Britmindo - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia