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

Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...


Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...


Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify. ANZ senior commodities analyst Mark Pervan has increased h ...


Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...


Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...


   1218 1219 1220 1221 1222   
Showing 6096 to 6100 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 ...

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