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Monday, 04 August 14
Q1' 15 API 8 CFR SOUTH CHINA COAL SWAP CLOSED AT US$ 69.37 ON 1 AUGUST 2014; A $ 1.10 HIGHER COMPARED TO Q4' 2014 CLOSING
COALspot.com: Coal swap prices are showing a positive move upward this past week. API 8 CFR South China Coal swap for Q4, Q1 and Q2 2015 showing slight improvement day on day and week on week.
API 8 CFR South China Coal swap for delivery in Q4 increased US$ 0.17 day on day and US$ 0.85 week on week. However the month on month the swap fell US$ 1.86 on Friday and closed at US$ 68.27 a ton. The CFR South China Coal swap for delivery Q1’ 2015 also gained on day and on week according to SGX AsiaClear OTC coal swap's reports released week ended 1 August 2014.
Q1 2015 delivery swap closed at US$ 69.37 a ton on 1 August 2014, a US$ 2.03 lower from a month and US$ 0.70 higher from a week ago closing of US$ 68.67 per mt. API 8 CFR South China coal shipment price for Q2' 15 delivery has also lost US$ 1.80 month on month.
Q1’15 delivery swap closed at US$ 69.37 pmt on 1 August 2014, a $ 1.10 higher compared to Q4’ 2014 closing for the same period.
API 8 CFR South China Coal swap for average Q2’ 2015 deliveries closed US$ 2.08 (3.05%) higher compared to average Q4’ 2014 delivery price of US$ 68.27 on 1 August 2014. In the meantime, the average Q1 2015 coal swap was also closed 1.61 percent (US$ 1.10) higher than Q4’ 2014 swaps for the same period. According to this last week's swaps trend, Q1 & Q2 2015 coal swaps were higher compared to Q4 prices.
The price gaps between the Q4 and Q1’ 15 delivery narrowed to around US$ 1.10 PMT. Q4 delivery swap almost lost US$ 13.38 per mt or 16.38% since 2 January of this year. Q4 swap was closed at US$ 68.27 on 1 August compared to US$ 81.65 on 2 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 Q4,Q1& Q2 2015 were showed a downward trend compared to month ago closing. But, gained compared to last week’s closing.
API 8 CFR South China Coal for Q4’ 2014 delivery swap was achieved a highest price (US$ 68.27) on 1 August 2014, and swap experienced a lowest closing (US$ 67.42) on 28 July 2014.
API 8 CFR South China Coal swaps for delivery Q4 and Q1 & Q2 2015 were lost month on month but gained day on day and week on week giving positive trend after longer period.
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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Wednesday, 17 September 14
SHIPPING MARKET INSIGHT - GEORGE LAZARIDIS
Since the onslaught of 2013 the rising tide of asset prices had been primarily driven by the increasing freight market conditions and the improving ...
Tuesday, 16 September 14
INDONESIAN GOVERNMENT DECLARED HBA SUFFERED ANOTHER SETBACK IN SEPTEMBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in September. HBA for ...
Tuesday, 16 September 14
INDONESIAN COAL OUTPUT WON'T EXCEED 421M TONS: GOVT - JP
The government is optimistic that it will meet its coal production target for this year, which caps nationwide production at a flat number compared ...
Monday, 15 September 14
CHINA'S COAL PROPOSALS LEAVE SOME HOPE FOR EXPORTERS - DAILY NEWS
When the best thing you can say about new policies is that they aren’t as bad as they could have been, then you know your industry is in deep ...
Monday, 15 September 14
SUB-BIT FOB INDONESIA COAL SWAP, JANUARY 2015 DELIVERY GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.40 (+0.78%) day on day and US$ 0.55 (+1.08%) per mt week on week. The ...
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- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- The Treasury - Australian Government
- MS Steel International - UAE
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
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