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, 25 June 14
INDONESIAN COAL EXPORTS ON RISE; EARNINGS FALL ON LOWER SELLING PRICES
COALspot.com:  Indonesia, one of the world's largest coal producer and the global largest multi grade coal exporter shipped around $1.84* ...


Wednesday, 25 June 14
THE PANAMAX MARKET REACHED FRESH LOWS FOR THE YEAR, SAYS INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a slight decrease, but this image of stability is merely representative of freight rat ...


Wednesday, 25 June 14
SHIPPING: MARKET INSIGHT - YANNIS OLZIERSKY
During his recent visit in London, China's Premier, Li Keqiang, announced that China's economy, the world's second largest after the US ...


Tuesday, 24 June 14
INDONESIAN COAL MINER TARGETS RP 313 BILLION IPO
COALspot.com: Indonesian coal miner PT Mitrabara Adiperdana is aiming to raise up to Rp 313 billion to Rp 368 billion (approximately $26.133 millio ...


Monday, 23 June 14
INDONESIAN COAL SWAP FOR Q3 DELIVERY LOST 8.60% Y-O-Y;4.80% M-O-M
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 ...


   727 728 729 730 731   
Showing 3641 to 3645 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 ...

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