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Monday, 30 March 15
Q3' 15 CFR SOUTH CHINA COAL SWAP: DECLINED 8.7% M-M; 12.77% Y-TO-D
 COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 5.00 (-8.70%) per MT month over month and US$ 1.33 (-2.47%) per MT week on week.
A commodity swap is a financial agreement whereby a floating price is exchanged for a fixed rate over a certain period of time.
According to DSP of SGX AsiaClear thermal coal derivatives, as reported on 27 March 2015, performance of CFR South China Coal swap was heading to south direction this past week. Q2, Q3 and Q4 delivery swap were lost around US$ 5.00 – 5.40 per MT month over month and around $1.07 – 1.33 w-o-w.
CFR South China Coal swap
South China Coal swap for average Q3' 15 delivery has also declined US$ 5.40 per Mt month over month on 27 March 2015 and closed at US$ 52.12 a ton. The swap for average Q4’ 2015 delivery also fell month over month and week over week, according to SGX AsiaClear OTC coal swap's reports released week ended 27 March 2015.
Average Q4’ 2015 delivery swap closed at US$ 52.38 a ton on 27 March 2015 a US$ 1.07 lesser than previous week closing and a US$ 5.32 (7.77%) per MT lower from 27 February 2015 closing price of $ 57.70.
Q2' 2015 vs Q3’ 2015
API 8 CFR South China coal swap for average Q2’15 delivery swaps closed at US$ 52.50 pmt on 27 March 2015 a $ 0.38 higher than Q3’ 15 closing price of US$ 52.12.
Q2' 2015 vs Q4’ 2015
API 8 CFR South China Coal swap for average Q2’ 2015 delivery closed US$ 0.12 (0.23%) per MT higher compared to average Q4’ 2015 delivery price of US$ 52.38 on 27 March 2015.
According to this past week's swaps trend, average Q2, Q3 & Q4 2015 coal swaps were declined month over month and week over week. Prospects still dim for sooner coal-price recovery, due to various reasons.
How long will the price of coal remain low?
Data Source: SGX
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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Monday, 30 March 15
WORST IS OVER FOR THE DRY BULK MARKET, BUT THE PAIN WILL REMAIN FOR YEARS TO COME, SAYS BIMCO CHIEF ANALYST - HELLENIC SHIPPING
The current demise of the dry bulk market isn’t one to go away anytime soon. That doesn’t mean that it can’t improve, with all sh ...
Monday, 30 March 15
Q2' FOB NEWCASTLE COAL SWAP CLOSED 4.47% HIGHER THAN Q4' CLOSING PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 5.42 per MT (-10.43%) month over month and US$ 1.60 (-3.32%) w ...
Sunday, 29 March 15
INDO - INDIA: SUPRAMAX & PANAMAX FREIGHT MARKET STEADY
COALspot.com: The freight market was almost stable as all segments slightly up except Panamax sector.
The BDI was up by just 0.85% week over w ...
Saturday, 28 March 15
IS NORTHERN EUROPE THE NEW MINING ELDORADO?
The Europe Mining 2015 Summit, organised by Global Summits organizer IRN on 17-18 June in Amsterdam, The Netherlands, will gather senior level repr ...
Saturday, 28 March 15
THE DRY BULK FLEET AT BREAKING POINT - CLARKSONS
The severe oversupply in the bulkcarrier fleet has contributed to the current trough in the dry bulk market, putting considerable financial pressur ...
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- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
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- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
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- IEA Clean Coal Centre - UK
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- ICICI Bank Limited - India
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- McConnell Dowell - Australia
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- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
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- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
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- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
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- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Minerals Council of Australia
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
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