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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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Tuesday, 01 September 15
FOB INDONESIA COAL SWAPS FURTHER SLIDE TO US$ 40.62 PMT; DECLINE 5.34 PERCENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and slightly dropped week over week.
The 4Q swap was declined ...
Tuesday, 01 September 15
FOB RICHARDS BAY COAL SWAPS STILL SLIDING; Q2'16 DELIVERY LOST AROUND 6 PERCENT M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 gain week over week but declined month over month.
The 4Q swap was dow ...
Monday, 31 August 15
API 5 FOB NEWCASTLE COAL SWAP GAINS WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.85 per MT (-4.23%) month over month to US$ 41.87 per mt. The swap ...
Monday, 31 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP ENDS DOWN MORE THAN 4 PERCENT MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.91 (3.78%) per MT month over month.
A commodity ...
Sunday, 30 August 15
THE DRY BULK MARKET UNDOUBTEDLY REMAINS WEAK & VOLATILE THIS WEEK
COALspot.com: The BDI slipped further down this week, moving closer to 900 level. This week’s BDI falls 9.15 pct and closed at 903 points. Wh ...
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- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Australian Coal Association
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- The University of Queensland
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
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