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Monday, 20 August 12
CHINESE COAL SWAPS RISE, INDONESIAN COAL CONTRACTS SOFT
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost -2.05 percent W-o-W on Friday (17 August 2012) closing but gained 0.031 percent on D-o-D, according to the data released by AsiaClear OTC coal swaps on 17th August 2012.
Sub-Bit FOB Indonesia coal swaps for October delivery opened on Monday (13 August 2012) at US$ 64.7 pmt and closed on Friday (17 August 2012) at $ 63.37 lost around $ 0.80 pmt. However The Q1 and Cal 13 deliveries also lost $ 0.96 and $ 0.85 respectively. The Indonesian coal swaps performed flat to weak last week.
Cal 2013 deliveries for Sub-Bit Indonesia coal was opened at $ 70.10 pmt on 13 August 2012 and closed $ 69.25 on 17th August 2012.
CFR South China coal shipments to China for October delivery moved positively compare to last week. On 13 August CFR South China coal shipments to China was opened at $ 82.93 and closed on 17 August at $ 83.22 gained $ 0.29 pmt. The swap gained 0.14 percent D-o-D and 0.34 percent W-o-W on Friday.
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Sub-Bit FOB Indonesia coal contracts for October 2012 delivery closed at US$ 63.37 on Friday ( 17 August 2012) compared to US$ 64.70 Monday opening, lost US$ 1.33 per MT. In the meantime, CFR South China coal October delivery gained US$ 0.29 pmt W-o-W on Friday (17 August) closed at US$ 83.22 against US$ 82.93 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 (Q1 2013) has closed US$ at $ 85.68 on 17 August compared to US$ 85.40 opening on Monday (13 August 2012).
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 $ 69.25 pmt $ 88.62 pmt respectively on Friday. Cal 2013 delivery prices for Sub-Bit FOB Indonesia coal and CFR South China coal are $ 5.88 and $ 5.40 higher compared to October deliveries.
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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. Indonesian coal prices are trying to take a U turn last week, but failed to conclude the deals at a better prices than previous week.
Coal consumption for the power generation in Asia stood at an estimated 2.7 billion metric tons in 2011. From 2012 to 2020, that figure is expected to rise to 4.4 billion tons annually, according to GBI as stated by Climate wire / Scientific American.
GBI projects that India, currently the world's third-largest coal producer, will also see a surge in production on the order of 6.8 percent annually because of the country's heavy reliance on coal-fired electricity along with expanding steel, cement and fertilizer manufacturing sectors.
By 2020, India is projected to produce 1.1 billion tons of coal annually, up from 632 million tons in 2011. Such robust growth would place India on par with the United States in terms of total production, assuming international markets for U.S. coal remain strong, according to Climate wire / Scientific American.
International as well as Indian media reports says that, Kentucky, the third-largest coal-producing state last year, has reached an agreement to export 9 million tons of coal annually to India for the next 25 years in a $7 billion deal.
According to president of the Kentucky Coal Association, as quoted by courier-journal, “we currently only export about 5 percent of our Kentucky coal overseas, we expect that number to grow”. “Today's announcement is good news, not only for Kentucky coal miners, but everyone who will benefit from this important natural resource.”
Changing dynamics in the current world thermal coal industry, US is trying to increase the coal exports to overseas specifically targeting for Asia market, while Indonesia the current largest coal exporter is trying to reduce coal exports considering its own future consumption.
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Saturday, 25 August 12
FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week the indices showed some signs of improvement will all the segments moving up except for the handy size.
The BDI was marg ...
Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...
Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy
The market continued the same trend as last week, low activity and holidays in some countries.
Rate wise unchanged, with US Gulf/Continent ...
Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...
Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN
Mr. Sahust Pratuknukul, President of Electri ...
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- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- MS Steel International - UAE
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
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