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