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

Monday, 14 July 14
SGX CFR SOUTH CHINA COAL SWAP FOR Q3' 14 LOST 17.29% SINCE EARLY JANUARY 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. API 8 CFR South China Coal swap for delivery in Q3 drops U ...


Sunday, 13 July 14
PANAMAX INDEX GAINS SLIGHTLY THIS WEEK; CAPE INDEX FALLS ALMOST 21.40%
COALspot.com: This week the freight market fell again after gaining last week. The cape index was down almost 21.40 pct and closed at 1465 points. ...


Friday, 11 July 14
EUROPE HAS A SUBSTANTIAL SURPLUS IN COAL SUPPLIES; RENEWABLE ENERGIES ARE REDUCING THE FULL-LOAD OPERATING HOURS OF HARD COAL-FIRED POWER PLANTS - VDKI
COALspot.com: General conditions for coal-fired power plants must be improved if the energy turnaround is to be a success, said German coal importe ...


Friday, 11 July 14
DR.CIESLIK RE-ELECTED AS CEO OF GERMAN COAL IMPORTER ASSOCIATION (VDKI)
Press Release : Dr Cieslik re-elected as CEO of German Coal Importer Association (VDKi) for the period 2014 – 2018. The German Coal Importer ...


Friday, 11 July 14
PORT OF NEWCASTLE SHIPPED $ 1.031 BILLION WORTH OF 11.744 MILLION TONS OF COAL IN JUNE 2014
COALspot.com: Port of Newcastle has shipped 11,744,396 tons of coal for the month ended 30 June 2014. According to Port’s monthly report, YTD ...


   720 721 722 723 724   
Showing 3606 to 3610 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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