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
Saturday, 23 June 12
COAL PRICES APPETITE FOR ROLLER-COASTER RIDES


COALspot.com - SGX AsiaClear OTC Coal Swaps have suffered something of a roller-coaster ride in terms of prices during this week. SGX’s Indonesian sub-bituminous coal and CFR South China coal contracts swaps for August delivery lost its direction during this week, but ended with a  little positive trend.

SGX’s Indonesian sub-bituminous coal swaps for August delivery dropped only 0.58 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 at US$ 62.13 / MT on 22 June 2012 (Friday), 8pm SG Time compared to Monday opening of US$ 61.77 / MT.  Indonesian sub-bituminous coal swaps gained 0.58 percent compared to Monday (18/6/2012) Opening and Friday (22/6/2012) closing. In the meantime, CFR South China coal contracts closed at US$ 86.25 on Friday instead of US$ 86.50 on Monday opening.



The August 2012 swap contract for Indonesia sub-bituminous coal was opened on Monday at US$ 61.77 / MT and closed on Friday at US$ 62.13 / MT gained US$ 0.36 (0.58 percent W-o-W) , according to SGX AsiaClear OTC Coal Swaps.

CFR South China Coal contracts fell US$  0.25 (-0.28 percent W-o-W) to US$  86.25 per mt for the same period. Indonesia sub-bituminous coal August delivery  gained 1.88 percent US$ 1.15 per ton DoD and CFR South China Coal gained 0.46 percent or US$ 0.40 per ton DoD.

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 gained US$ 1.37 / MT to US$  64.85 a metric ton on Friday  from US$  63.48 on Monday opening. CFR South China Coal contract declined US$ 0.45 (-0.50 percent) per mt to US$ 88.55 compared to Monday opening of US$  89.00, according to data released by SGX.

Indonesian sub-bituminous coal swap for August delivery drops -11.43 percent M-o-M and the meantime CFR South China coal contracts for August delivery dropped  -8.97 percent M-o-M.

The Q4  swap contract for Indonesia sub-bituminous coal was also dropped  -8.84 percent  M-o-M and CFR South China coal contracts dropped  -7.87 percent  M-o-M.

Falling coal prices send miner’s share price into a steep decline. Indonesian coal miners shares were dropping since early of this month. However Indonesian big scale coal miners are still clam and they believe the current coal price trend will be changed soon.

Bumi Resources, the Indonesia's largest coal producer,  doesn’t  want to review their expansion plan for 2013 in light of the current coal price weakness, According to Dileep Srivastava, corporate secretary of company. 

"We view present spot weakness as temporary, seasonal and rise as winter approaches", he said in a note.



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

Recent News

Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...


Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...


Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...


Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...


Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...


   937 938 939 940 941   
Showing 4691 to 4695 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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