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
Sunday, 14 October 12
SUB-BIT INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS: SOFT


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery lost 0.329 percent w- w but gained 0.248 percent d-d on Friday, 12 October 2012, according to the data released by AsiaClear OTC coal swaps on 12 October 2012.

Sub-Bit FOB Indonesia coal swaps for December’12 delivery opened on 8 October 2012 at US$ 60.73 pmt and closed on 12 October 2012 at $  60.53 lost around $ 0.20 pmt. December 2013 deliveries prices also lost US$ 0.77 per MT for the same period.

Average December 2013 deliveries for  Sub-Bit Indonesia coal opened at $ 68.27 pmt on 8 October 2012 and closed $ 67.50 on 12 October 2012.

CFR South China coal shipments for December’12 and December’13 deliveries also dropped on w-w as well as d-d.

On 8 October CFR South China coal shipments (delivery December ‘12) was opened at $ 83.50 and closed at $ 83.20 on 12 October down $ 0.30 per mt. In the meantime, the CFR South China coal swaps for December’13 deliveries lost -0.985 percent and -0.418 percent on w-w and d-d respectively on 12 October 12.

Sub-Bit FOB Indonesia coal contracts for December 2012 delivery closed at US$ 60.53 on 12 October 2012 compared to US$ 60.73 Monday opening, lost US$ 0.20 per MT. In the meantime, CFR South China coal December delivery fell  US$ 0.30 pmt w-w and d-o-d on 12 October closed at US$ 83.20 against US$ 83.50 Thursday closing.

CFR South China coal, average Calendar 13 delivery also moved negative direction this week lost -0.723 percent W-W and -0.204 percent d-d. Sub-Bit FOB Indonesia coal contracts for average cal 13 delivery lost -1.068 percent or US$ 0.70 pmt W-W, and lost -0.092 percent D-D and closed at US$  64.81.

A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.

However, AsiaClear OTC Sub-Bit Indonesia coal swap was showing a US$ 6.97 increase for December’13 delivery compared to the same period in 2012. CFR South China coal swap for December’13 delivery was  US$ 7.20 higher per mt compared to December’12 delivery price.

“There will be a positive corrections in coming months, once the major coal importers start their annual coal contract negotiation with producing countries”, said a coal trader. At the same time, an end-user from India said, the prices will not move significantly at least until second half of next year.

Indonesian as well as Australian producers announced that, they are reducing their forecasts on coal production in 2013 as well as suspending their expansion plan to counter the current low coal price. Indonesian small scale and high production cost miners have already suspend their coal production due current lower coal prices. However those production cuts have not contributed lots to recover coal prices or reduce excess supplies in the market. The coal supply is still higher than demand, which is still playing a major role in movement of coal prices.

Recently, an Indian based paper producer, has awarded a 300,000 MT of imported coal contract to a Singapore based coal trader at US$ 77.60 / MT CNF Tuticorin to supply 6000 GAD calorific value coal with 15% total moisture coal. The delivery is expected to starts  from November 2012 until March 2013.

Indonesian government has fixed its October HBA at US$ 86.04 for 6322 GAR coal.



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

Recent News

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 ...


Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...


   918 919 920 921 922   
Showing 4596 to 4600 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 ...

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