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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...


Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...


Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...


Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday. Bambang Setiawan, the director general of mineral r ...


Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...


   1221 1222 1223 1224 1225   
Showing 6111 to 6115 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 ...

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