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Tuesday, 04 November 14
INDONESIAN COAL SWAPS FOR 2015 DELIVERIES SHOW A WEAK TREND
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost month on month and gained day on day and week on week, the trend was same as last week.
The Q4 swap has lost just US$ 0.05 (-0.10%) month on month according to AsiaClear OTC coal swap's reports released on 31 October, last Friday.
FOB Indonesia coal swap
Sub-bit FOB Indonesia coal swap for (average) Q1' 2015 delivery has also lost on month. The average swap lost $ 1.19 (-2.33%) month on month, US$ 0.04 (-0.08%). Week on week, the swap gained US$ 0.15 per MT as on 31 October 2014, SGX data shows.
Q4' 2015 delivery swap gained average US$ 0.10 (-0.20%) week on week. Sub-bit FOB Indonesia coal swap, as per SGX's data, lost particularly Q4'14 and Q1 '2015 deliveries month on month.
SGX Asia Clear OTC Sub-Bit Indonesia coal Q1' 2015 delivery swap closed US$ 0.67 (-1.33%) lower compared to average Q4' 2014 delivery price of US$ 50.50 on 31 October 2014. In the meantime, the coal swap for Q4' 2015 delivery, also closed average US$ 0.30 (-0.59%) lower than swap for Q4' 2014 delivery for the same reported period.
2015 coal swaps were closed lower compared to this year swap's levels. We are not seeing any market improvements in the near future. If the physical coal transactions is also follows the current swap's movements in 2015, then the next year coal prices will be flat or slightly lower than this year prices. Market needs a competitive equilibrium between the supply and demand of coal to make the coal prices favoring producers. According to us, the coal producers, who can only change the today’s situation by cutting down their coal output to below the actual demand, if they want to see a attractive books of account in 2015.
The market is expecting that, the coal demand in India will increase significantly next year due to domestic issues. But, In the meantime, Chinese's demand for coal is also expected to fall next year due to various reasons. Hence unless there is a downward correction in coal output, the price improvement cannot be expected in near future.
Q4’ 2015 Sub-Bit Indonesia coal swaps closed at US$ 50.20 compared to Q4’ 2014 closing of US$ 50.50, lost US$ 0.30 or 0.59%.|
The sub-bit Indonesia's coal swap for Q4' 2014 delivery has achieved a highest price of average US$ 50.50 / MT on 31 October 2014 and has entered its lowest level (US$ 50.43 / MT) on 29 October 2014.
The above report is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above are reported on a best-effort basis SGX’s daily report and are not guaranteed to be accurate or error free. Readers are advised to refer to the official DSP available through the clearing members
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Friday, 14 November 14
U.S. WEEKLY COAL OUTPUT SLIPS SLIGHTLY WEEK ENDING NOVEMBER 08
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Friday, 14 November 14
MORE NATURAL GAS FROM RUSSIA TO HELP STABILISE CHINA PRICES - FITCH RATINGS
COALspot.com: Fitch Ratings has said possible additional natural gas supplies from Russia's OAO Gazprom to China via the Altai pipeline would h ...
Thursday, 13 November 14
SLOWER AND LOWER HAS BEEN THE TREND OF THE PANAMAX IN BOTH HEMISPHERES - FEARNLEYS
Handy
We are experiencing an oversupply of tonnage in the Atlantic which is out numbering the amount of cargoes, Fearnleys broker says in its lat ...
Thursday, 13 November 14
DRY BULK MARKET'S REBOUND HINGES ON IRON ORE OVERSUPPLY ISSUES MOVING FORWARD - HELLENIC SHIPPING NEWS
“One man’s benefit, is another man’s demise” is a phrase which can be used to describe today’s situation in the dry b ...
Thursday, 13 November 14
COAL MINISTER WANTS INDIA TO STOP COAL IMPORTS IN TWO OR THREE YEARS
COALspot.com: India to ramp up coal production to a billion tonnes by 2019 from its current level of 490 million tones. According to Power and Coal ...
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- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- MS Steel International - UAE
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- White Energy Company Limited
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
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