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Monday, 28 July 14
CFR SOUTH CHINA COAL SWAP SLIGHTLY UP WEEK ON WEEK
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. The swap for Q3, Q4 and Q1 2015 showing slight improvement week on week instead of weak on day and month.
API 8 CFR South China Coal swap for delivery in Q3 drops US$ 1.83 month on month on Friday, reached at US$ 66.30 a ton. The CFR South China Coal swap for delivery Q4 2014 lost on day and on month according to SGX AsiaClear OTC coal swap's reports released week ended 25 July 2014.
Q4 delivery swap closed at US$ 67.42 a ton on 25 July 2014, a US$ 2.18 lower from a month and US$ 0.29 higher from a week ago closing of US$ 67.13. API 8 CFR South China coal shipment price for Q1'15 delivery has also lost US$ 2.26 month on month.
Q1’15 delivery swap closed at US$ 68.67 pmt on 25 July 2014, a $ 2.37 higher compared to Q3’ 2014 closing for the same period.
API 8 CFR South China Coal swap for average Q4’ 2014 deliveries closed US$ 1.12 (1.69%) higher compared to average Q3’ 2014 delivery price of US$ 66.30 on 25 July 2014. In the meantime, the average Q1 2015 coal swap was also closed 3.57 percent (US$ 2.79) 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 Q3 and Q4 delivery narrowed to around US$ 1.12 PMT. Q3 delivery swap almost lost US$ 12.05 or 15.38% since 27 January this year. Q3 swap was closed just US$ 66.30 on 25 July compared to US$ 78.35 on 27 January 2014.
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 month on month.
API 8 CFR South China Coal for Q3’ 2014 delivery swap was achieved a highest price (US$ 66.53) on 24 July 2014, and swap experienced a lowest closing (US$ 65.97) on 21July 2014.
API 8 CFR South China Coal swaps for delivery Q3, Q4 and Q1 2015 were lost on day 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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Thursday, 28 August 14
PANAMAX: OWNERS CAN GET AROUND USD 16000 FOR A FRONTHAUL; PERIOD MARKET - VERY QUIET - FEARNLEYS
Handy
The activity and sentiment is improving in the Atlantic with the general TA rate is up about US$ 800 w-o-w. We see more South American carg ...
Thursday, 28 August 14
BANPU REPORTS HIGHER FIRST-HALF YEAR RESULTS FOR 2014
COALspot.com: Banpu Public Company Limited (BANPU) reports higher first half-year financial results for 2014 having its gross profit increasing 3 p ...
Wednesday, 27 August 14
FREIGHT MARKET: IS THE MARKET IN A RECOVERY MOOD? - GEORGE ILIOPOULOS
Is the market in a recovery mood?
August is typically a time when the shipping industry takes it easy… charter-ers book their requireme ...
Tuesday, 26 August 14
4TH ANNUAL ASIA NICKEL
4th Annual Asia Nickel
19-20 Nov 2014
Grand Hyatt Jakarta, Indonesia
Web Site
Asia’s Premier Nickel Conference
Regulation in ...
Tuesday, 26 August 14
DESPITE LOW DRY BULK RATES, BULKER PRICES ARE STILL HIGH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, August tends to be a month of slow activity in the sale and purchasing market and this year has been no exception. However, as shipb ...
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- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
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