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Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swaps for August delivery lost 0.31 percent and CFR South China coal contracts swaps lost 0.28 percent on closing Friday compared to Monday opening.
SGX’s Indonesian sub-bituminous coal swaps for August delivery lost 0.31 percent WoW and CFR South China coal contracts drops only 0.28 percent on W-o-W.
According to DSP of SGX AsiaClear OTC coal swaps, Indonesian sub-bituminous coal swaps for August 2012 delivery closed average at US$ 63.53 / MT on 6 July 2012 (Friday), 8pm SG Time compared to Monday opening of average US$ 63.73 / MT.
Indonesian sub-bituminous coal swap lost 0.31 percent compared to Monday (2/7/2012) opening and Friday (6/7/2012) closing. In the meantime, CFR South China coal contracts closed average at US$ 86.00 on Friday instead of average US$ 86.25 on Monday opening.
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A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.
The Q4 deliver of Indonesia sub-bituminous coal was lost average US$ 0.07 / MT to average US$ 65.33 a metric ton on Friday from average US$ 65.40 on Monday opening. CFR South China Coal contract declined US$ 0.65 (-0.73percent) per mt to average US$ 87.35 compared to Monday opening of average US$ 88.00, according to data released by SGX.
Indonesian sub-bituminous coal swap for August delivery drops average -4.6 percent M-o-M and the meantime CFR South China coal contracts for August delivery dropped average -5.49 percent M-o-M.
The Q4 swap contract for Indonesia sub-bituminous coal was also dropped -4.27 percent M-o-M and CFR South China coal contracts dropped -6.07percent M-o-M.
Indonesian medium scale producers are planning to reduce their production if the coal prices continually fall.
Overall this week’s performance is slightly bitter than last week performance in terms of prices. The real physical market (spot) for Indonesian coal was not showing any positive rebound this week. The low bid from buyers make suppliers confused to response.
“The gap between bids and offers were quite wide and hope the market will rebound soon,” said a medium coal producer from East Kalimantan. (cs)
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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
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