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

Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates ...


Wednesday, 12 December 12
69.23 PERCENT OF END-USERS ARE BELIEVE, COAL PRICES ARE IN UPWARD TREND
COALspot.com -  The Indonesian government’s declared coal reference price for December’ 12 has gained US cents 31 per MT  M-o- ...


Wednesday, 12 December 12
CAPESIZE FREIGHT RATES TO RANGE BETWEEN $9,000 - 16,000/DAY IN THE COMING WEEKS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted yesterday, that Capesize time-charter rates are expected to stay elevated in the foll ...


Tuesday, 11 December 12
NEWCASTLE PORT IN AUSTRALIA HAS LOADED 2,720,205 MT OF COAL W/E 10 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,720,205 MT of thermal and coking coal for week ended  0700 hours 10 December 2012, Newc ...


Sunday, 09 December 12
COAL SWAPS HAVE LOST DIRECTION DUE TO LACK OF ASIAN INTEREST
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 2.43 percent M-M but lost WoW by 0.54 percent and 0.62 ...


   892 893 894 895 896   
Showing 4466 to 4470 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 ...

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