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Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November 2012, according to the data released by AsiaClear OTC coal swaps on Friday.
Sub-Bit FOB Indonesia coal swaps for January 2013 delivery was opened on 5 November 2012 at US$ 60.37pmt but closed at US$ 61.63 on 9 November 2012 gains around $ 1.26 pmt. December 2013 delivery as well as average calendar 2013 delivery prices also gained 2.33 percent and 2.22 percent respectively per MT for the same period.
Average December 2013 deliveries for Sub-Bit Indonesia coal was opened at $ 65.52 pmt on 5 November 2012 and closed at $ 67.05 on 9 November 2012.
Average prices for CFR South China coal shipment for January’13, December’13 and calendar 2013 deliveries also gained WoW as well as DoD. Last week price movements for 2013 deliveries were showing a positive direction and if it is continues, then the market will correct itself favoring coal producers. However the same direction was failed to transformed to physical market during the same period.
CFR South China coal shipments (delivery January 2013) was opened at $ 84.00 on 5th November and closed at $84.00 on 9 November 2012 without any change WoW. However, CFR South China coal prices gains 0.23 percent DoD. The CFR South China coal swaps for December’13 delivey also gains 0.24 percent W-W and 0.11 percent D-D for the same period.
Sub-Bit FOB Indonesia coal contracts for January 2013 delivery closed at US$ 61.63 on 9 November 2012 compared to US$ 60.37 Monday opening, gained US$ 1.26 per MT. In the meantime, CFR South China coal January ‘ 13 delivery closed at US$ 84.00 with no change on W-W but gained US$ 0.20 pmt D-D.
CFR South China coal, average Calendar 13 delivery also moved positive direction this week gains 0.03 percent W-W and 0.13 percent d-d. Sub-Bit FOB Indonesia coal contracts for average cal 13 delivery gained 2.22 percent or US$ 1.40 pmt W-W, and 1.35 percent D-D closed at US$ 64.33.
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 for December’13 delivery closed US$ 5.42 higher compared to January’13 delivery price of US$ 61.63. CFR South China coal swap for December’13 delivery closed US$ 5.45 higher per mt compared to January’ 13 delivery price. Swaps are showing a positive market condition during 2nd half of year 2013.
Indonesian government has sets its November HBA at US$ 81.44 for 6322 GAR coal. November HBA is 5.35 per lower than October price or 30.18 percent lower than a year ago.
The Indonesian government has also reduced its DMO requirement by 18 percent due to lower consumption by power plants in Indonesia. Indonesian miners were required to 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. However, the market is calm and there is no excess cargo due to reduction of DMO. According to a one of the largest coal producer, the reduction on DMO requirement has not affected them, as they have already signed the contract as per previous requirement.
Recently Indonesian government has issued a DMO regulation for 2013 supply figures. According to DMO requirement, miners were asked to allocate 74.30 million metric tons of coal under the so-called domestic market obligation (DMO) in 2013, which is little higher than 2012 revised DMO requirement.
Year 2013, DMO volume is almost equivalent to 20.30 percent of the targeted production volume of coal in 2013. The Indonesian government is forecasting the 2013 coal production will be around 337 million tons to 366.04 million tons.
Due to higher coal output and less demand, the price recovery will be in slow speed. According to coal a coal producer, Chinese demand is still slow. Hence the price recovery will take time. Now producers are pushing their existing buyer’s to perform their existing contracts which were concluded at a high price than the current price. “ We don’t have a coal to offer against any new inquiries for November or December delivery or at least until January 2013” , said a coal producer from Kalimantan.
“ Indonesian coal producers want to delay their annul coal supply contract negotiation to early next year to get better price than existing”, a market player said.
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Thursday, 01 November 12
KOMIPO LOOKING FOR 440,000 MT OF 4600 KCAL/KG NAR COAL FOR BORYEONG POWER PLANT
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids from coal producers, marketing companies or traders to supply of 440,000 Metric ...
Thursday, 01 November 12
CAPESIZE RATES FALL, DRY BULK MARKET RETREATS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It was another lackluster session yesterday in the dry bulk markets, with the industry's benchmark, the BDI (Baltic Dry Index) retreating by 1.63 p ...
Thursday, 01 November 12
HANDY : WCI-CHINA RATES ARE AT AROUND USD 5,000 AND ECI-CHINA AROUND USD 4000 - FEARNLEYS AS
Handy
The Atlantic market remains quiet due to a lack of cargoes and an increased supply of ships. Rates from the Continent to east Med were around ...
Tuesday, 30 October 12
COAL PRODUCTION TO RISE BY FIVE PERCENT IN 2013 - TEMPO INTERACTIVE
TEMPO Interactive reported that, Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu has estimated that Indonesian coal production will ...
Tuesday, 30 October 12
NEW BUILDING ORDERING ACTIVITY KEEPS ON RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have refrained from placing any new orders of vessels during the course of the past few days, according to shipbroker reports. According ...
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- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Mjunction Services Limited - India
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