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Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
 On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB Australia.
The recent trend towards spot pricing in the global metallurgical coal market has led to a pressing need for transparent price discovery. Following extensive market consultation, globalCOAL has developed a robust physical met coal contract which will soon be available to trade on the globalCOAL platform.
The premium mid volatile spec is defined with clear quality specifications and strict rejection parameters which give buyers comfort that only high quality coal or specific coal Brands can be delivered. A new predictive CSR formula has also been devised to provide the basis for fair price adjustments. This formula was developed in conjunction with ALS Coal by applying regression analysis to their extensive database of results from standardised coal preparation, coke making and testing – and further refined with the help of coal and statistics specialists from the University of Newcastle (Australia). Along with the CSR calculation, Ash, Volatile Matter, Sulphur and Moisture will be used to adjust the final price.
Eoghan Cunningham, CEO of globalCOAL, said: “With this initiative, we are replicating a tried-and-tested model which has successfully increased price transparency in the seaborne thermal coal market. We hope to see it bring as much benefit to the met coal world.”
Philip Shawcross, Head of Met Coal at globalCOAL, added: “We’ve had an enthusiastic response from met coal market participants worldwide – from steel mills to met coal producers and traders. Out of our current 171 Market Members, globalCOAL’s trading community now includes 53 companies with an interest in the met coal market. The contract, the trading infrastructure and the participants are all in place for our October launch.”
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Monday, 07 September 15
CFR SOUTH CHINA COAL SWAPS ROSE 1.1 PER CENT WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.52 (3 %) per MT month over month.
A commodity sw ...
Sunday, 06 September 15
AUTOMATION AND TECHNOLOGY IS CERTAINLY PART OF THE SOLUTION FOR IMPROVING PERFORMANCE AND EFFICIENCY TO MAKE THE MINE OPERATIONS MORE PROFITABLE, HOWEVER............ - LUKE JALSEVAC
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Luke Jalsevac, Director, Busines ...
Sunday, 06 September 15
THE CAPE SIZE INDEX ROSE 10.83 PER CENT WEEK OVER WEEK
COALspot.com: The BDI, the Baltic exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, declined o ...
Saturday, 05 September 15
DRY BULK MARKET MAY SUFFER NOW, BUT IS BOUND FOR A RECOVERY THANKS TO A LIMITED FUTURE FLEET GROWTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The slow increase of dry bulk tonnage growth this year could turn into a solid indicator of the market’s future prospects. According to a rec ...
Friday, 04 September 15
U.S. COAL PRODUCTION FOR THE W/E AUGUST 29, UP SLIGHTLY; FALL 4.5 PERCENT Y-Y: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.7 million shor ...
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- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Australian Coal Association
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- VISA Power Limited - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
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