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Saturday, 11 August 12
SUB-BIT INDONESIA COAL SWAPS SEEN MOVING IN THE RIGHT DIRECTION
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.29 percent W-o-W on Friday (10 August 2012) closing but lost 1.55 percent on D-o-D, according to the data released by AsiaClear OTC coal swaps.
Sub-Bit FOB Indonesia coal swaps for September delivery opened on Monday (6 August 2012) at US$ 62.33 pmt and closed on Friday (10 August 2012) at $ 63.14 gained around $ 0.81 pmt. The Q4 deliveries and Cal 13 deliveries also gained $1.12 and $1.01 respectively. The Indonesian coal swaps performed well last week.
Cal 2013 deliveries for Sub-Bit Indonesia coal was traded average at $ 70.10 pmt on 10 August 2012, which is $ 4.84 higher than September delivery price.
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CFR South China coal shipments to China for September delivery lost 0.24 percent D-o-D and 0.26 percent W-o-W on Friday.
Sub-Bit FOB Indonesia coal contracts for September 2012 delivery closed at US$ 63.14 on Friday ( 10 August 2012) compared to US$ 62.33 Monday opening, gained US$ 0.81 per MT. In the meantime, CFR South China coal September delivery lost US$ 0.22 pmt W-o-W on Friday (10 August) closed at US$ 81.60 against US$ 81.82 Monday Opening.
CFR South China coal, Q4 delivery lost 0.01 percent W-o-W 0.46 percent D-o-D. Sub-Bit FOB Indonesia coal contracts for Q4 delivery gained 1.74 percent or US$ 1.12 pmt W-o-W but lost 0.74percent D-o-D and closed at US$ 65.26.
CFR South China delivery (Q4 2012) has closed US$ at $ 83.19 compared to US$ 83.18 opening on Monday (6 August 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.
Sub-Bit FOB Indonesia coal contracts and CFR South China coal for Cal 2013 deliveries closed at $ 70.10 pmt $ 88.33 pmt respectively on Friday. Cal 2013 delivery prices for Sub-Bit FOB Indonesia coal and CFR South China coal are $ 6.96 and $ 6.73 higher compared to September deliveries.
September onwards, coal prices are expected to move forward as India is expected to back to market after monsoon holidays. Chinese economic improvements also is expected to drive coal prices from the current level.
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Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
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- SMC Global Power, Philippines
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- Eastern Energy - Thailand
- Malabar Cements Ltd - India
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- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
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- Aboitiz Power Corporation - Philippines
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- The University of Queensland
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- Orica Mining Services - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Anglo American - United Kingdom
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- Port Waratah Coal Services - Australia
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- Coal and Oil Company - UAE
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- Leighton Contractors Pty Ltd - Australia
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- White Energy Company Limited
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- Economic Council, Georgia
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- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
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- Mjunction Services Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
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- Planning Commission, India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- The Treasury - Australian Government
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- Independent Power Producers Association of India
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- Sindya Power Generating Company Private Ltd
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- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
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- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
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- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Bangladesh Power Developement Board
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- San Jose City I Power Corp, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Deloitte Consulting - India
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- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
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- Indian Energy Exchange, India
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- Australian Coal Association
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- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
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- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
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- Riau Bara Harum - Indonesia
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- Parliament of New Zealand
- Altura Mining Limited, Indonesia
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- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Central Electricity Authority - India
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- Africa Commodities Group - South Africa
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