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Monday, 21 July 14
CFR SOUTH CHINA COAL Q3 DELIVERY SWAPS LOST 16% SINCE JANUARY 17, 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. Market is not showing any positive trend in near future.
API 8 CFR South China Coal swap for delivery in Q3 drops US$ 4.01 month on month on Friday, reached at US$ 66.02 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 18 July 2014.
Q4 delivery swap closed at US$ 67.13 a ton on 18 July 2014, a US$ 4.70 lower from a month and US$ 1.44 lower from a week ago closing of US$ 68.57. API 8 CFR South China coal shipment price for Q1'15 delivery has also lost US$ 4.59 month on month.
Q1’15 delivery swap closed at US$ 68.48 pmt on 18 July 2014, a $ 2.46 higher compared to Q3’ 2014 closing for the same period.
API 8 CFR South China Coal swap for average Q4’ 2014 deliveries closed US$ 1.11 (1.68%) higher compared to average Q3’ 2014 delivery price of US$ 66.02 on 18 July 2014. In the meantime, the average Q1 2015 coal swap was also closed 3.73 percent (US$ 2.46) 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.
The price gaps between the two period of Q3 and Q4 delivery narrowed to around US$ 1.11 PMT. Q3 delivery swap almost lost US$ 12.93 or 16.38% since 17 January this year. Q3 swap was closed just US$ 66.02 on 18 July compared to US$ 78.95 on 17 January 2014.
Q3 and Q4 delivery swaps are lost significantly or more US$ 4 per ton month on month.
According to the world coal analysts, 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 only early 2016.
API 8 CFR South China Coal swaps for deliveries Q3,Q4 2014 and Q1 2015 were showing a downward trend compared to week on week and month on month.
API 8 CFR South China Coal for Q3’ 2014 delivery swap was achieved a highest price (US$ 67.07) on 14 July 2014, and swap experienced a lowest closing (US$ 65.93) on 16 July 2014.
API 8 CFR South China Coal swaps for delivery Q3, Q4 and Q1 2015 were lost on day, 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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Tuesday, 22 July 14
INDONESIA'S MINERAL EXPORT BAN: CHINA UNDER PRESSURE? - CLARKSONS
In January 2014, Indonesia introduced new regulations on exports of unprocessed minerals. Exports of some minerals have been heavily taxed, whilst ...
Tuesday, 22 July 14
ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release: Registration Open for Fourth Annual Asian Sub-Bituminous Coal Users’ Group Conference
Register today for this year&r ...
Monday, 21 July 14
25% OF INDIA'S POWER PLANTS WERE HAVING SUPER CRITICAL COAL STOCK - COAL AND POWER MINISTER
25% of India’s power plants were having super critical coal stock; power utilities have also been advised to enhance the import of coal - Coa ...
Monday, 21 July 14
INDONESIA'S STATE CONTROLLED COAL MINER BUKIT ASAM ENJOYED HIGHER SELLING PRICE DURING THIS STORMY MARKET
COALspot.com: PT Bukit Asam, the Indonesian government controlled coal miner announced today that, the company has produced 7.70 million tons of co ...
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 ...
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- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- London Commodity Brokers - England
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