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
Sunday, 14 October 12
SUB-BIT INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS: SOFT


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery lost 0.329 percent w- w but gained 0.248 percent d-d on Friday, 12 October 2012, according to the data released by AsiaClear OTC coal swaps on 12 October 2012.

Sub-Bit FOB Indonesia coal swaps for December’12 delivery opened on 8 October 2012 at US$ 60.73 pmt and closed on 12 October 2012 at $  60.53 lost around $ 0.20 pmt. December 2013 deliveries prices also lost US$ 0.77 per MT for the same period.

Average December 2013 deliveries for  Sub-Bit Indonesia coal opened at $ 68.27 pmt on 8 October 2012 and closed $ 67.50 on 12 October 2012.

CFR South China coal shipments for December’12 and December’13 deliveries also dropped on w-w as well as d-d.

On 8 October CFR South China coal shipments (delivery December ‘12) was opened at $ 83.50 and closed at $ 83.20 on 12 October down $ 0.30 per mt. In the meantime, the CFR South China coal swaps for December’13 deliveries lost -0.985 percent and -0.418 percent on w-w and d-d respectively on 12 October 12.

Sub-Bit FOB Indonesia coal contracts for December 2012 delivery closed at US$ 60.53 on 12 October 2012 compared to US$ 60.73 Monday opening, lost US$ 0.20 per MT. In the meantime, CFR South China coal December delivery fell  US$ 0.30 pmt w-w and d-o-d on 12 October closed at US$ 83.20 against US$ 83.50 Thursday closing.

CFR South China coal, average Calendar 13 delivery also moved negative direction this week lost -0.723 percent W-W and -0.204 percent d-d. Sub-Bit FOB Indonesia coal contracts for average cal 13 delivery lost -1.068 percent or US$ 0.70 pmt W-W, and lost -0.092 percent D-D and closed at US$  64.81.

A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.

However, AsiaClear OTC Sub-Bit Indonesia coal swap was showing a US$ 6.97 increase for December’13 delivery compared to the same period in 2012. CFR South China coal swap for December’13 delivery was  US$ 7.20 higher per mt compared to December’12 delivery price.

“There will be a positive corrections in coming months, once the major coal importers start their annual coal contract negotiation with producing countries”, said a coal trader. At the same time, an end-user from India said, the prices will not move significantly at least until second half of next year.

Indonesian as well as Australian producers announced that, they are reducing their forecasts on coal production in 2013 as well as suspending their expansion plan to counter the current low coal price. Indonesian small scale and high production cost miners have already suspend their coal production due current lower coal prices. However those production cuts have not contributed lots to recover coal prices or reduce excess supplies in the market. The coal supply is still higher than demand, which is still playing a major role in movement of coal prices.

Recently, an Indian based paper producer, has awarded a 300,000 MT of imported coal contract to a Singapore based coal trader at US$ 77.60 / MT CNF Tuticorin to supply 6000 GAD calorific value coal with 15% total moisture coal. The delivery is expected to starts  from November 2012 until March 2013.

Indonesian government has fixed its October HBA at US$ 86.04 for 6322 GAR coal.



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

Recent News

Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...


Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...


Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...


Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...


Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...


   9 10 11 12 13   
Showing 51 to 55 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 ...

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