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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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Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, ...
Tuesday, 14 August 12
UNCERTAIN FUTURE FOR DRY BULK PANAMAX SHIPS - DREWRY / HELLENIC SHIPPING
The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime ...
Monday, 13 August 12
5TH VIETNAM PORTS AND LOGISTICS 2012
Press Release - Co-hosted by VINAMARINE, the 5th Vietnam Ports and Logistics2012 will feature dedicated sessions on port and transport infrastructur ...
Monday, 13 August 12
ACTIVE DRY BULK FLEET INCREASES BY 8% SO FAR IN 2012 IN TERMS OF TONNAGE CAPACITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s no wonder that the dry bulk market has been tethering since the start of the year. the overflow of tonnage has been so enormous, that eve ...
Sunday, 12 August 12
COAL FREIGHT RATES FALL FLAT TO SOFT ON OVERSUPPLY, WEAK DEMAND - VISTAAR SINGAPROE
COALspot.com - The BDI continued its fall 10th August.
This week all segments were down including BDI down by 9.15 pct closing at 774 points .The ...
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- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Planning Commission, India
- Australian Coal Association
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- The University of Queensland
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
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