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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, 11 August 15
GLOBAL PRODUCTION OF CRUDE STEEL REACHED A NEW ALL-TIME HIGH OF 1,661M TONNES IN 2014 - VDKI
COALpot.com: Global production of crude steel reached a new all-time high of 1,661m tonnes in 2014, said German Coal Importer Association, in its l ...
Tuesday, 11 August 15
2016 CFR S.CHINA COAL SWAPS CLOSED SLIGHTLY HIGHER THAN 4Q 2015 CLOSING PRICES; BUT NOT SIGNIFICANT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 10 (0.20%) per MT month over month.
A commodi ...
Monday, 10 August 15
SOUTH KOREAN UTILITY KOMIPO INVITES BITUMINOUS COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 560,000 Metric Tons (MT) of 4,600kcal/kg NAR c ...
Sunday, 09 August 15
THE PANAMAX MARKET HAS REMAINED WEAK THIS WEEK
COALspot.com: The freight market continued to be buoyant with cape index pushing the BDI.
The BDI was up 10.49% and closed at 1200 points on 7 ...
Friday, 07 August 15
COAL PRICE DEVELOPMENTS CAN ONLY BE DESCRIBED, SUCCINCTLY AS "OVERSUPPLY MEETS SUBDUED DEMAND" - VDKI
Coal Outlook 2015 – International
Regarding the outlook for global coal trading, two questions arise: firstly, “ whether the years of ...
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- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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