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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 US$ 5.87 month on month on Friday, dipping under $67.10 a ton. The CFR South China Coal swap for delivery Q4 2014 lost on day, week and on month according to SGX AsiaClear OTC coal swap's reports released week ended 11 July 2014.
Q4 delivery swap closed at US$ 68.57 a ton on 11 July 2014, a US$ 5.81 lower from a month and US$ 0.18 lower from a week ago closing of US$ 68.75. API 8 CFR South China coal shipment price for Q1'15 delivery has also lost US$ 5.98 month on month.
Q1’15 delivery swap closed at US$ 69.70 pmt on 11 July 2014, a $ 2.62 higher compared to Q3’ 2014 closing for the same period.
API 8 CFR South China Coal swap for average Q4’ 2014 deliveries closed US$ 1.49 (2.22%) higher compared to average Q3’ 2014 delivery price of US$ 67.08 on 11 July 2014. In the meantime, the average Q1 2015 coal swap was also closed 3.91 percent (US$ 2.62) higher than Q3’ 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 Q3 prices.
Market is showing a positive move in Q4, instead of week on week or month on month weak trend.
Q3 and Q4 delivery swaps are lost significantly or more US$ 5 per ton month on month. However, the world coal analysts are in opinion that, oversupply and weak consumption of coal are expected to continue for the rest of this year and or first half of next year. If the strong output continues, particularly in countries such as Indonesia, Australia, South Africa and Colombia, then the price recovery will be delayed by another 6 to 12 months. Meantime some investment bank’s analysts are expects the price recovery will be early 2016.
API 8 CFR South China Coal swaps for deliveries Q3,Q4 2014 and Q1 2015 were showing a downward trend.
API 8 CFR South China Coal for Q3’ 2014 delivery swap was achieved a highest price (US$ 67.85) on 8 July 2014, and swap experienced a lowest closing (US$ 67.08) on 11 July 2014. API 8 CFR South China Coal swaps for delivery Q3, Q4 and Q1 2015 were lost on week and on month this past week.
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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Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
Friday, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...
Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...
Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...
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- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- VISA Power Limited - India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Planning Commission, India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
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