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

Friday, 11 July 14
UNITED STATE'S MONTHLY COAL OUTPUT FALLS 5.53% IN JUNE
COALspot.com – United States the world's second largest coal producer, produced approximately 18.1 million short tons (mmst) of coal in a ...


Thursday, 10 July 14
HANDY: SMALL INCREASE; PANAMAX: POSITIVE TONE; CAPESIZE: PAPER VALUES REMAIN WEEK
Handy It is a general increase in activity in both hemispheres whereas rates have just experienced a small increase. In the Feast we see stable a ...


Wednesday, 09 July 14
SHIP INVESTMENTS ARE TRENDING LOWER
Most ship owners are deeming current ship prices on the high side, refraining from making serious commitments in new acquisitions or newbuilding or ...


Wednesday, 09 July 14
INDIAN GOVERNMENT ADVISED POWER UTILITIES TO INCREASE COAL IMPORTS
COALspot.com: The government of India has advised power utilities to increase coal imports to meet fuel shortages and those that have fuel supply p ...


Wednesday, 09 July 14
PANAMAX MARKET FINALLY CORRECTING UPWARDS; AVERAGE TC MORE THAN DOUBLING WEEK ON WEEK - INTERMODAL
The Dry Bulk market has closed off on Friday on a more positive note, with most segments noting weekly gains and the Panamax market finally correct ...


   721 722 723 724 725   
Showing 3611 to 3615 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 ...

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