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

Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 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 ...

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