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Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME
COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successfully launched a global Coking Coal desk.
According to ICAP's website, Coking Coal derivatives have grown in significance due to a greater need for price risk management in a highly volatile physical Coking Coal industry. Physical players have migrated away from longer term fixed price contract terms in favour of a more spot based index linked contract.
Reinforcing ICAP Energy’s reputation as an innovator in the development of the global commodities market, Coking Coal now forms part of an established global product suite to include: Thermal Coal, Iron Ore, Oils, Gas, Power, Metals, Alternative Fuels, Emissions, Softs & Agricultural Products and Freight Forward Agreements.
ICAP Energy completed its first Coking Coal trade between a European-based bank and an international trading company based in Singapore. The contract was cleared via the CME. Since its launch on 6 August 2014, ICAP Energy has executed a number of trades to position itself as a leading player in the Coking Coal market. ICAP Energy expects a considerable increase in volumes over the coming months as the number of trading participants grow.
“The launch of our global Coking Coal business underpins ICAP’s interest in ensuring the development and growth of the global commodities markets while identifying and creating trading opportunities for our customers” said George Dranganoudis, Managing Director – ICAP Energy Asia Pacific. “The CME-cleared Coking Coal contract adds much-needed transparency for participants in the steel complex. Traders now benefit from a transparent free on-board (FOB) Australia price as well as greater certainty for CFR China buyers who are able to identify relative value netback prices from the world’s leading Coking Coal exporting country.”
ICAP Energy was named “Broker of the Year” in 2013 by Energy Risk magazine in a poll of over 1,500 market participants.
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Friday, 10 October 14
INDONESIA TO DEVELOP DOWNSTREAM COAL INDUSTRY - JP
The government is planning to launch a program to develop the downstream coal industry to increase the commodity’s added value, an official h ...
Friday, 10 October 14
U.S. PRODUCED 83.2 MMST OF COAL IN SEPTEMBER, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.6 million short tons (mmst) of coal in ...
Thursday, 09 October 14
CAPESIZE MARKET HAS CONTINUED TO SHOW WEAKNESS - FEARNLEYS
Handy
We mentioned last week that after several weeks of rate increase for the Supras, the bigger Panamaxes started to snap up better paying Supr ...
Thursday, 09 October 14
SHIPPING REMAINS CHALLENGED AS GLOBAL GROWTH DISAPPOINTS - BIMCO
The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. ...
Wednesday, 08 October 14
CAPES RATE FOR THE W. AUSTRALIA TO CHINA VOYAGE MOVED TO BELOW $8/MT - INTERMODAL
The Dry Bulk market remained under pressure last week, with rates for Capes remaining on the red while those for Panamaxes managed to outperform th ...
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- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
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