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, 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.



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

Recent News

Tuesday, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China. It will make you understand regulatory asp ...


Sunday, 24 February 13
COAL SWAPS INCH UP WEEK - ON - WEEK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained  0.17 percent and CFR South China coal shipme ...


Sunday, 24 February 13
BDI FELL 1.72 PERCENT BUT FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - This freight market has been fairly steady this week but, BDI fell1.72 pct and closed at 740 points. The cape index also joins BDI ...


Saturday, 23 February 13
IHS MCCLOSKEY 20TH ANNUAL COAL CONFERENCE OF THE AMERICAS
IHS McCloskey 20th Annual Coal Conference of the Americas to be held on 13-14 March 2013 in Cartagena, Colombia IHS is pleased to invite you to t ...


Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Bla ...


   873 874 875 876 877   
Showing 4371 to 4375 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 ...

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