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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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Monday, 15 September 14
CFR SOUTH CHINA COAL SWAP GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 2.30 (-3.36%) month over month, but increased day on day a ...
Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
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- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- The University of Queensland
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
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