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Sunday, 04 November 12
SUB-BIT INDONESIA COAL SWAPS FOR DECEMBER' 12 DELIVERY FALLS TO $ 59.78
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery fell -1.02 percent on WoW but gained 0.08 percent on D-D on Friday, 2 November 2012, according to the data released by AsiaClear OTC coal swaps on 2 November 2012.
Sub-Bit FOB Indonesia coal swaps for December’12 delivery opened on 29 October 2012 at US$ 60.40 pmt and closed on 2 November 2012 at $ 59.78 lost around $ -1.02 pmt. December 2013 delivery as well as average calendar 2013 deliveries prices also lost US$ -1.25 percent and -1.5 percent respectively per MT for the same period.
Average December 2013 deliveries for Sub-Bit Indonesia coal opened at $ 66.35 pmt on 29 October 2012 and closed $ 65.52 on 2 November 2012.
CFR South China coal shipment for average prices for December’12, December’13 and calendar 2013 deliveries also dropped on w-w.
CFR South China coal shipments (delivery December ‘12) was opened at $ 84.20 on 26-Oct-12 and closed at $ 83.93 on 2 November 2012 down $ 0.27 per mt. The CFR South China coal swaps for December’13 deliveries also lost -2.21 percent on W-W -0.05 percent on D-D on 2 November 12.
Sub-Bit FOB Indonesia coal contracts for December 2012 delivery closed at US$ 59.78 on 2 November 2012 compared to US$ 60.40 Monday opening, lost US$ 0.62 per MT. In the meantime, CFR South China coal December delivery fell US$ 0.27 pmt w-w and US$ 0.02 on D-D on 2 November closed at US$ 83.93 against US$ 83.95 Thursday closing.
CFR South China coal, average Calendar 13 delivery also moved negative direction this week lost -1.92 percent W-W and -0.14 percent d-d. Sub-Bit FOB Indonesia coal contracts for average cal 13 delivery lost -1.5 percent or US$ 0.96 pmt W-W, and -0.03 percent D-D and closed at US$ 62.93.
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$ 5.74 increase for December’13 delivery compared to the same period in 2012. CFR South China coal swap for December’13 delivery was US$ 5.30 higher per mt compared to December’12 delivery price.
Indonesian government has fixed its October HBA at US$ 86.04 for 6322 GAR coal. November HBA is expected to be released any time next week.
The Indonesian government has reduced its DMO requirement, 18 percent due to lower consumption by power plants. Indonesian miners must allocate 67.3 million metric tons of coal under DMO requirement, down from the previous requirement of 82.1 million tons or less 14.8 million tons of coal set in August of last year.
Recently Indonesian government has issued a regulation asking Indo miners, to allocate 74.30 million metric tons of coal under the so-called domestic market obligation (DMO) in 2013.
The 2013, DMO volume is equivalent to 20.30 percent of the targeted production volume in 2013. The Indonesian government is forecasting the 2013 coal production will be around 337 million tons to 366.04 million tons, based on miners mining plan. Year 2013, DMO requirement is 10.40 percent higher than year 2012 revised DMO tonnage.
Due to higher coal output and less demand, the price recovery will be in slow speed.
However Indonesia Coal Mining Association (APBI) predicts that, coal prices will move towards up starting from the end of 2012 and will reached its peak sometime around second quarter of 2013, a Indonesian local media reported.
Indonesian coal mining association has forecasts, the world coal price has now reached its lowest point and begins to take a “U” turn.
"Next year, during the second quarter, I think the prices will be around US$ 100 per tonne," said Bob, the chairman of ICMA, the media reports says.
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Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced& ...
Thursday, 28 February 13
SHIP OWNERS EXPECTED TO FACE A CHALLENGING YEAR, DESPITE THE FALL OF NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Tonnage oversupply and a lagging growth in world trade demand are expected to keep shipping in the "red", despite a series of measures ado ...
Thursday, 28 February 13
PANAMAX : MARKET HAS SEEN A GOOD UPTURN OVER THE LAST WEEK - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The ...
Wednesday, 27 February 13
NEWCASTLE PORT IN AUSTRALIA SHIPPED 0.358 MILLION MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,178,869 MT of thermal and coking coal for week ended 0700 hours 25 February 2013, Newc ...
Wednesday, 27 February 13
NEWLEAD HOLDINGS LTD. ANNOUNCES COAL SUPPLY AND DELIVERY CONTRACT
NewLead Holdings Ltd. yesterday announced that the Company has signed an agreement to supply and deliver 1.48 million metric tons of steam coal to a ...
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- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Parliament of New Zealand
- Xindia Steels Limited - India
- Australian Coal Association
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
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