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Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
 Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three price indexes for coking coal. Coking coal is the fastest growing and most volatile segment of the worldwide coal industry and the indexes are the first of their kind.
"After months of discussions with coal producers, traders and buyers, we have put together a suite of price indexes for coking coal," said Forrest Hill, president of Energy Publishing. "Indexes have been used to price steam coal contracts and short-term sales and derivatives for about 10 years, but coking coal has, in the past, proved resistant to indexing."
Energy Publishing's three indexes are:
-CCQ , based on premium hard coking coal shipped from Queensland, Australia.
-CCH-LOW, based on premium low volatile coking coal shipped from United States' east coast.
-CCH-HIGH, a Type "A" high volatile coking coal, also shipped from the U.S. east coast.
"The difficulty in developing a coking coal index has been the variability of coking coal and the view that value of a given coal varies depending on where it is being used," Hill said.
Two factors have now made an index practical.
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“The difficulty in developing a coking coal index has been the variability of coking coal and the view that value of a given coal varies depending on where it is being used” - Forrest Hill
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Foremost is the interest in short-term pricing by BHP Billiton and several other large producers of coking coal. BHP Billiton has been pushing hard to convert all of its sales to short-term pricing, and the world of coal is rapidly moving in that direction. The second factor is the progress made by Energy Publishing in developing a set of specifications that define three coals generally agreed to be at the top of the market.
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Energy Publishing has unique access to data on mine-by-mine quality measures and historical prices that have made the development of a realistic and usable index a reality. Building the index was done in conjunction with Doyle Trading Consultants of New York, which helped develop the methodology.
"The negotiations now going on between the Australians and their major customers in Japan are expected to result in a significant portion of the total tonnage moving from annual to quarterly pricing," Hill said. "And, many expect prices to move to even shorter terms in the near future. Short term pricing will be difficult to administer without a reliable coking coal price index, so the publication of the new indexes comes at a critical juncture for coal markets." (PRNewswire)
Source: Commodity Online
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Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
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Showing 6026 to 6030 news of total 6871 |
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- Anglo American - United Kingdom
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- ICICI Bank Limited - India
- PTC India Limited - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- The University of Queensland
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
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