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, 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.



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)



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

Recent News

Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...


Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com -  Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...


Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...


Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...


Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...


   931 932 933 934 935   
Showing 4661 to 4665 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 ...

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