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

Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...


Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...


Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...


Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...


Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...


   1224 1225 1226 1227 1228   
Showing 6126 to 6130 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 ...

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