COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

“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
 

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.

Trading platform that even a 5 year old can trade. Join now

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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...


Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant. Accord ...


Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...


Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15  vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...


Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...


   1217 1218 1219 1220 1221   
Showing 6091 to 6095 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Essar Steel Hazira Ltd - India
  • Cemex - Philippines
  • IMC Shipping - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Rio Tinto Coal - Australia
  • CCIC - Indonesia
  • Ministry of Finance - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Vizag Seaport Private Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Trasteel International SA, Italy
  • GVK Power & Infra Limited - India
  • Marubeni Corporation - India
  • Bank of America
  • ICICI Bank Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Sindya Power Generating Company Private Ltd
  • Geoservices-GeoAssay Lab
  • Kaltim Prima Coal - Indonesia
  • TRAFIGURA, South Korea
  • SRK Consulting
  • Coeclerici Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Indian Energy Exchange, India
  • PLN - Indonesia
  • TGV SRAAC LIMITED, India
  • MS Steel International - UAE
  • Carbofer General Trading SA - India
  • VISA Power Limited - India
  • Antam Resourcindo - Indonesia
  • Jatenergy - Australia
  • Ind-Barath Power Infra Limited - India
  • Coaltrans Conferences
  • IOL Indonesia
  • Rudhra Energy - India
  • Surastha Cement
  • The State Trading Corporation of India Ltd
  • DBS Bank - Singapore
  • Core Mineral Indonesia
  • Videocon Industries ltd - India
  • Maruti Cements - India
  • Mitsui
  • International Coal Ventures Pvt Ltd - India
  • Medco Energi Mining Internasional
  • Glencore India Pvt. Ltd
  • Bhushan Steel Limited - India
  • Banpu Public Company Limited - Thailand
  • Cosco
  • Therma Luzon, Inc, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • NTPC Limited - India
  • Eastern Energy - Thailand
  • Aboitiz Power Corporation - Philippines
  • South Luzon Thermal Energy Corporation
  • Singapore Mercantile Exchange
  • HSBC - Hong Kong
  • TNPL - India
  • Bukit Baiduri Energy - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Kumho Petrochemical, South Korea
  • TNB Fuel Sdn Bhd - Malaysia
  • Standard Chartered Bank - UAE
  • Sakthi Sugars Limited - India
  • globalCOAL - UK
  • Bukit Asam (Persero) Tbk - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • U S Energy Resources
  • Ince & co LLP
  • McKinsey & Co - India
  • Moodys - Singapore
  • Indian School of Mines
  • CoalTek, United States
  • NALCO India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Cigading International Bulk Terminal - Indonesia
  • ING Bank NV - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Toyota Tsusho Corporation, Japan
  • Madhucon Powers Ltd - India
  • World Bank
  • ETA - Dubai
  • The Treasury - Australian Government
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mercuria Energy - Indonesia
  • Planning Commission, India
  • Wilmar Investment Holdings
  • Sucofindo - Indonesia
  • MEC Coal - Indonesia
  • SASOL - South Africa
  • BRS Brokers - Singapore
  • KOWEPO - South Korea
  • Semirara Mining Corp, Philippines
  • Parry Sugars Refinery, India
  • ASAPP Information Group - India
  • Port Waratah Coal Services - Australia
  • Bhatia International Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Vale Mozambique
  • Mjunction Services Limited - India
  • PNOC Exploration Corporation - Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Humpuss - Indonesia
  • India Bulls Power Limited - India
  • Vitol - Bahrain
  • Binh Thuan Hamico - Vietnam
  • TANGEDCO India
  • The University of Queensland
  • Asia Cement - Taiwan
  • Idemitsu - Japan
  • Orica Australia Pty. Ltd.
  • Karaikal Port Pvt Ltd - India
  • Total Coal South Africa
  • EIA - United States
  • Bulk Trading Sa - Switzerland
  • Formosa Plastics Group - Taiwan
  • Riau Bara Harum - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Manunggal Multi Energi - Indonesia
  • Indonesia Power. PT
  • Noble Europe Ltd - UK
  • Attock Cement Pakistan Limited
  • Electricity Authority, New Zealand
  • Indorama - Singapore
  • Heidelberg Cement - Germany
  • PLN Batubara - Indonesia
  • Platts
  • Asmin Koalindo Tuhup - Indonesia
  • Latin American Coal - Colombia
  • IEA Clean Coal Centre - UK
  • Peabody Energy - USA
  • Aditya Birla Group - India
  • Savvy Resources Ltd - HongKong
  • Sree Jayajothi Cements Limited - India
  • Borneo Indobara - Indonesia
  • Xindia Steels Limited - India
  • PowerSource Philippines DevCo
  • OPG Power Generation Pvt Ltd - India
  • GNFC Limited - India
  • Bhoruka Overseas - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Arch Coal - USA
  • Larsen & Toubro Limited - India
  • Uttam Galva Steels Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Russian Coal LLC
  • J M Baxi & Co - India
  • Kobe Steel Ltd - Japan
  • GAC Shipping (India) Pvt Ltd
  • Tanito Harum - Indonesia
  • Australian Coal Association
  • Shree Cement - India
  • Gujarat Sidhee Cement - India
  • Britmindo - Indonesia
  • Maheswari Brothers Coal Limited - India
  • ACC Limited - India
  • KPMG - USA
  • Fearnleys - India
  • Mitra SK Pvt Ltd - India
  • SUEK AG - Indonesia
  • Coal Orbis AG
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Sojitz Corporation - Japan
  • CIMB Investment Bank - Malaysia
  • Cargill India Pvt Ltd
  • Energy Link Ltd, New Zealand
  • Kepco SPC Power Corporation, Philippines
  • Baramulti Group, Indonesia
  • Power Finance Corporation Ltd., India
  • Gupta Coal India Ltd
  • Salva Resources Pvt Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Agrawal Coal Company - India
  • JPower - Japan
  • Bukit Makmur.PT - Indonesia
  • Anglo American - United Kingdom
  • GB Group - China
  • Semirara Mining and Power Corporation, Philippines
  • GMR Energy Limited - India
  • Merrill Lynch Commodities Europe
  • Deutsche Bank - India
  • Maybank - Singapore
  • SN Aboitiz Power Inc, Philippines
  • LBH Netherlands Bv - Netherlands
  • GN Power Mariveles Coal Plant, Philippines
  • Qatrana Cement - Jordan
  • Platou - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • New Zealand Coal & Carbon
  • CNBM International Corporation - China
  • Petrosea - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Africa Commodities Group - South Africa
  • Kartika Selabumi Mining - Indonesia
  • ANZ Bank - Australia
  • Directorate Of Revenue Intelligence - India
  • CESC Limited - India
  • Electricity Generating Authority of Thailand
  • Chamber of Mines of South Africa
  • Xstrata Coal
  • Global Business Power Corporation, Philippines
  • Price Waterhouse Coopers - Russia
  • Vijayanagar Sugar Pvt Ltd - India
  • Kobexindo Tractors - Indoneisa
  • Adani Power Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Altura Mining Limited, Indonesia
  • Goldman Sachs - Singapore
  • Oldendorff Carriers - Singapore
  • Siam City Cement PLC, Thailand
  • Runge Indonesia
  • Chettinad Cement Corporation Ltd - India
  • BNP Paribas - Singapore
  • Iligan Light & Power Inc, Philippines
  • Clarksons - UK
  • San Jose City I Power Corp, Philippines
  • Thomson Reuters GRC
  • Grasim Industreis Ltd - India
  • Deloitte Consulting - India
  • Pinang Coal Indonesia
  • Inco-Indonesia
  • Wood Mackenzie - Singapore
  • Indogreen Group - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Australian Commodity Traders Exchange
  • Thiess Contractors Indonesia
  • Cement Manufacturers Association - India
  • Siam City Cement - Thailand
  • JPMorgan - India
  • Thermax Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Bayan Resources Tbk. - Indonesia
  • Meralco Power Generation, Philippines
  • Indonesian Coal Mining Association
  • Mechel - Russia
  • Straits Asia Resources Limited - Singapore
  • Star Paper Mills Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Samsung - South Korea
  • Georgia Ports Authority, United States
  • European Bulk Services B.V. - Netherlands
  • Tamil Nadu electricity Board
  • Makarim & Taira - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Edison Trading Spa - Italy
  • Krishnapatnam Port Company Ltd. - India
  • Mitsubishi Corporation
  • Inspectorate - India
  • Commonwealth Bank - Australia
  • Jindal Steel & Power Ltd - India
  • Enel Italy
  • Petrochimia International Co. Ltd.- Taiwan
  • SMG Consultants - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Bharathi Cement Corporation - India
  • Miang Besar Coal Terminal - Indonesia
  • Parliament of New Zealand
  • Reliance Power - India
  • Infraline Energy - India
  • Karbindo Abesyapradhi - Indoneisa
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • TeaM Sual Corporation - Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Intertek Mineral Services - Indonesia
  • Dalmia Cement Bharat India
  • Central Java Power - Indonesia
  • Berau Coal - Indonesia
  • Economic Council, Georgia
  • Sarangani Energy Corporation, Philippines
  • Ministry of Transport, Egypt
  • Eastern Coal Council - USA
  • Meenaskhi Energy Private Limited - India
  • SMC Global Power, Philippines
  • UBS Singapore
  • McConnell Dowell - Australia
  • Ministry of Mines - Canada
  • Petron Corporation, Philippines
  • Jaiprakash Power Ventures ltd
  • Sical Logistics Limited - India
  • Bangladesh Power Developement Board
  • Minerals Council of Australia
  • Cardiff University - UK
  • Japan Coal Energy Center
  • Shenhua Group - China
  • Ambuja Cements Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Tata Power - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • GHCL Limited - India
  • Energy Development Corp, Philippines
  • Kideco Jaya Agung - Indonesia
  • Adaro Indonesia
  • OCBC - Singapore
  • Mintek Dendrill Indonesia
  • Cebu Energy, Philippines
  • White Energy Company Limited
  • Barasentosa Lestari - Indonesia
  • Indian Oil Corporation Limited
  • Thai Mozambique Logistica
  • Credit Suisse - India
  • Merrill Lynch Bank
  • The India Cements Ltd
  • Coalindo Energy - Indonesia
  • Malco - India
  • Samtan Co., Ltd - South Korea
  • Arutmin Indonesia
  • KEPCO - South Korea
  • Independent Power Producers Association of India
  • Thriveni
  • SGS (Thailand) Limited
  • Barclays Capital - USA
  • EMO - The Netherlands
  • Maersk Broker
  • KPCL - India
  • UOB Asia (HK) Ltd
  • Gresik Semen - Indonesia
  • Lanco Infratech Ltd - India
  • PTC India Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Argus Media - Singapore
  • Central Electricity Authority - India
  • Tata Chemicals Ltd - India
  • Vedanta Resources Plc - India
  • Freeport Indonesia
  • Renaissance Capital - South Africa
  • Coal and Oil Company - UAE
  • Thailand Anthracite
  • Panama Canal Authority
  • Coal India Limited
  • Coastal Gujarat Power Limited - India
  • Bank of China, Malaysia
  • RBS Sempra - UK
  • Posco Energy - South Korea
  • World Coal - UK
  • Orica Mining Services - Indonesia
  • Mercator Lines Limited - India
  • London Commodity Brokers - England
  • Metalloyd Limited - United Kingdom
  • WorleyParsons
  • Malabar Cements Ltd - India
  • Permata Bank - Indonesia
  • Lafarge - France
  • Pipit Mutiara Jaya. PT, Indonesia
  • PetroVietnam
  • Asian Development Bank
  • Romanian Commodities Exchange
  • Interocean Group of Companies - India
  • Indika Energy - Indonesia
  • bp singapore
  • APGENCO India
  • Bangkok Bank PCL
  • Bahari Cakrawala Sebuku - Indonesia
  • IBC Asia (S) Pte Ltd
  • Simpson Spence & Young - Indonesia