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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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- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
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