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Sunday, 26 May 13
AMPLE SUPPLY, LOW DEMAND KEEP COAL PRICES UNDER PRESSURE
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost 0.07 percent and API 8 CFR South China Coal shipment lost 0.06percent day on day as of Friday, 24 May 2013, according to the data released by AsiaClear OTC coal swaps on Friday.
SGX has launched API 8 CFR South China Coal Swap on 29 April 2013.
A commodity swap is a financial agreement whereby a floating, or spot; price is exchanged for a fixed rate over a specified contract period.
DSP of SGX AsiaClear OTC Coal Swaps - Sub-Bit FOB Indonesia Coal
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Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.68 percent week on week but lost 0.07 percent on day on day as of Friday, 24May 2013, AsiaClear OTC coal swap's report said. Sub-Bit FOB Indonesia coal swap for average July 2013 delivery was opened on 20 May 2013 at US$ 62.97 pmt and closed at US$ 63.40 per MT on 24 May 2013.
July 2014 deliveries for the sub-bit Indonesia coal swap was opened at US$ 65.22 pmt on 20 May 2013 and closed at US$ 65.15 per MT on 24 May 2013. Average July 2014 delivery price has flat day on day and US$ 0.07 PMT week on week.
The sub-bit Indonesia's coal swaps for Cal 2014 delivery gained all day on day, week on week and month on a month.
AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$ 2.45 (3.86 %) higher compared to average July 2013 delivery price of US$ 63.40 on 24 May 2013. In the meantime, the July 2014 coal swap has closed US$ 1.75 (2.76 %) higher than July 2013 swap for the same period.
The Friday’s the sub-bit Indonesia's coal swaps for July 2013, delivery gained US$ 0.88 (1.40 %) compared to for the same period last month. In the meantime, July 2014 delivery also lost US$ 0.80 (1.21 %) M-O-M.
Sub-Bit Indonesia coal swap July 2013 delivery lost day on day but gained week on week and month on a month. In the meantime, July 2014 flat date on day but lost week on week and month on month. Average calendar 2014 supplies gained day on day, week on week and month on a month.
The sub-bit Indonesia's coal swap for July 2013 has achieved highest price on 22 and 23 of May 2013. In the meantime, swap has reached its lowest level on 20 May 2013.
DSP of SGX AsiaClear OTC Coal Swaps - API 8 CFR South China Coal
SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 replaced the previous swap.
API 8 CFR South China Coal shipment for average July 2013 delivery price lost US$ 0.05 per mt day on day but gained 1.50per cent week on week as of Friday, 24 May 2013.
The average July 2014 and cal 2014 delivery price also followed July 2013 lost slightly Day on Day.
The contract for the July 2013 and July 2014 prices gained US$ 1.23 and US$ 0.35 per MT respectively week on a week. July 2014 delivery price closed at US$ 86.55 a ton on 24 May 2013. Calendar 2014 API 8 CFR South China Coal shipment prices gained US$ 0.62PMT week on week but lost day on day.
API 8 CFR South China Coal swap for average calendar 2014 delivery closed US$ 3.23 (3.88 %) higher compared to average July 2013 delivery price of US$ 83.10 on 24 May 2013. In the meantime, the July 2014 coal swap has closed US$ 3.45 PMT (4.15%) higher than July 2013 swap for the same period.
API 8 CFR South China Coal swaps for July 2013 delivery have achieved a highest price on 23 May 2013. In the meantime, swap has experienced a lowest level on 20 May 2013.
Low GCV coal import ban
According to reports from medias and Platts, China's National Energy Administration is considering a proposal to ban the import of coal with calorific value on NAR basis below 4540 kcal/kg.
The media reports are further saying that, if the ban materialized, then it would favor Australian, US, Russian and Colombian coal producers who used to produce higher GCV coal. In other hand, the Indonesian coal producers will get hit heavily as majority of Indonesian coal productions are categorized as lower calorific value coal, and the majority of low GCV coal also depends on India and China market. Indonesian domestic market is able consume only around 80 million tons of coal per annum.
According to banks and coal industry analysis, Indonesia is currently exporting at least 50 million tons of low GCV coal per annum to China. If the China’s National Energy Administration go-ahead with its plan to ban coal with calorific value below 4540 kcal/kg on NAR basis, then Indian coal consumers will enjoy a low-price coal from Indonesia.
In the meantime, if Chinese proposed ban implemented, then it would put pressure on Indonesia's low GCV coal producers, specifically small-scale coal producers. It will also put pressure on high GCV coal consumers, as higher GCV coal prices will move stronger than now.
"If Chinese ban executed, this legislation could be the market-changing catalyst thermal coal has been desperately seeking," Macquarie said, as quoted by medias.
Low GCV coal export ban?
However, market doesn't know how Indonesian government will react on this ban proposal, as Indonesia also drafted a regulation during 2nd half of 2011 to ban the export of coal with calorific value below 5700 on GAD basis by 12 January 2014. The regulation was suspended or delayed due to protest from Indonesian low calorific value coal producers. According to mining law 4/2009 and subsequent regulations, unprocessed or the coal that not added any value will be banned by 12 January 2014 for export.
If China executes its ban, then indirectly the regulation may help the Indonesian government to implement its original plan to ban low GCV coal exports.
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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
...
Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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Showing 11 to 15 news of total 6871 |
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- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Parliament of New Zealand
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Australian Coal Association
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
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