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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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Saturday, 30 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark ...
Saturday, 30 August 14
RECOVERY IN SIGHT FOR THE DRY BULK SHIPPING MARKET - DREWRY SHIPPING CONSULTANTS
Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities ...
Friday, 29 August 14
U.S. WEEKLY COAL PRODUCTION DROPS 1.3 PERCENT, EIA SAYS
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...
Friday, 29 August 14
ADARO'S PROFITS SINK FURTHER AMID FALL IN COAL PRICES - JP
Adaro Energy, one of the country’s largest coal miners, has reported a 31 percent drop in net profit in the first half of this year as global ...
Friday, 29 August 14
CHINESE LIGNITE IMPORTS: QUANTITY OVER QUALITY? - CLARKSONS
In the first half of 2014, Chinese seaborne coal imports declined 0.4% y-o-y to 148mt, largely reflecting a 3.3% fall in imports of steam coal. Mea ...
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- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
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