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Sunday, 22 July 12
COAL PRICES IN MIXED TRENDS; STOCKS REMAIN HIGH AT BOTH ENDS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery fell 0.99 percent on last Friday closing (d-o-d) and 1.19 percent compared to Monday opening, according to AsiaClear OTC Coal Swaps.
CFR South China coal shipments to China also fell 1.077 percent compare to Monday Opening and 0.89 percent d-o-d.
Sub-Bit FOB Indonesia coal contracts for September 2012 delivery closed at US$ 61.38 on Friday ( 20 July 2012) compared to US$ 62.12 Monday opening and lost US$ 0.74 per MT. In the meantime, CFR South China coal September delivery has fell US$ 0.90 pmt on Friday (20 July) and closed at US$ 82.60 against US$ 83.50 Monday Opening.
However, Q4 deliveries were showing positive direction as Sub-Bit FOB Indonesia coal gained 0.91 percent or US$ 0.58 pmt and closed at US$ 64.10 and CFR South China coal gained 0.11 percent for the same period. China Q4 2012, CFR delivery has closed US$ at 85.20 compared to US$ 85.10 opening on Monday (16 July 2012).
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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.
“Coal market is displaced at a point with no direction at the movement” said a senior marketing officer from one of the leading coal producers form Indonesia.
He also further added that, the overall view is that market has very low downside as with current price levels are above the cash cost of many coal producers. This is expected to bring supply discipline to correct the supply demand balance soon. However chance of big upside on coal price is weak until at least end of this year”.
Indonesia commenced its fasting month on Friday. The market is expected to experience a minor downward side production correction during fasting month. Coal suppliers are in hope that, the correction on supply side may help to push the coal prices upward at least by end of August 2012 deliveries.
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Saturday, 01 September 12
PANAMAX FREIGHT RATES UNDER PRESSURE FROM LOW DEMAND - VISTAAR
COALspot.com - This week the freight market was weak with mixed results.
The BDI was down by 1.95 pct closing at 703 points, however there was so ...
Friday, 31 August 12
ADVERSE SHIPPING MARKET CONDITIONS SHORTENS LIFE SPAN OF VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The adverse conditions which have been put in place in the world's freight markets, means that ship owners are forced to scrap vessels of a much yo ...
Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy
The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for tri ...
Thursday, 30 August 12
DRY BULK MARKET STILL LOOKING OUT FOR BETTER DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With things in China moving slowly this week, as a result of holidays, it’s no surprise that the latest positive trend in the dry bulk market ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART TWO - JOSEPH KIRSCHKE
One of the most prominent casualties of Canada's entry into the Colombian mining sector has been a priest named Jose Reynal-Restrepo. Last Septembe ...
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- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- The University of Queensland
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
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