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Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
 Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until recently have been pillars of strong demand says Reuters.
According to Henning Gloystein of Reuters, the Benchmark API2 2016 coal futures last settled at $52.85 a tonne, a level not seen since November 2003. The contract is now over 75 percent below its 2008 all-time peak and more than 60 percent below its most recent high following the 2011 Fukushima nuclear disaster in Japan.
The steady and sharp fall in coal prices has knocked down shares of big mining companies like BHP Billiton, Glencore and Rio Tinto, and it has seen many financers exit the sector.
The Reuters further noted that, the price fall follows a rise in output from exporters like Australia at the same time as a sharp slowdown in overseas orders from major importers like the United States, and now also China and India.
"Indian coal imports are now under pressure ... Both thermal and met coal imports ran at their weakest annualised rates since October 2014," Australian bank Macquarie said on Wednesday.
"Such a fall might not be just a temporary blip. On the thermal coal side we have seen power plant inventories reach record high levels, domestic production growth improve significantly and demand growth slow," it added, Reuters says.
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Wednesday, 26 August 15
2Q'16 FOB INDONESIA COAL SWAP FALLS NEARLY 4.76 PER CENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week.
The 4Q swap was declined $ 2.20 (-5.13%) p ...
Tuesday, 25 August 15
INDONESIA MINERS' NPLS TO RISE FURTHER, BANK RISKS BUILD - FITCH
The NPLs of Indonesian mine and mine services companies are likely to rise further in the short term, says Fitch Ratings, after reaching multi-year ...
Tuesday, 25 August 15
MINER'S EARNINGS DROP ON FALLING COAL PRICES; Q2'16 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 52.23 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Monday, 24 August 15
FOB NEWCASTLE COAL SWAPS HIT FRESH LOW, DIPPING BELOW $42 A TON
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 2.20 per MT (-5.01%) month over month to US$ 41.70 per mt. The swap ...
Monday, 24 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP CLOSED AT $ 48.65 PMT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.89 (3.74%) per MT month over month.
A commodity ...
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- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
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