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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 percent D-D on Friday, 7 December 2012, according to the data released by AsiaClear OTC coal swaps on Friday.
Sub-Bit FOB Indonesia coal swaps for average Q1’ 2013 delivery was opened on 3 December 2012 at US$ 62.72 pmt but closed at US$ 62.38 on 7 December 2012 with the lost of US cents 34 per MT. Average Q4’ 2013 delivery prices also followed Q1 trend for the same period.
Average Q4’ 2013 deliveries for sub-bit Indonesia coal swap was opened at $ 66.57 pmt on 3 December 2012 and closed at $ 66.18 on 7 December 2012. Average Q4’ delivery prices lost US cents 36 PMT D-D and cents 39 PMT from week ago but gained US cents 28 from month ago.
CFR South China coal shipment for average Q1’ 2013 delivery price also lost D-D and W-W. Average Q4’ 2013 delivery price also lost D-D and M-M but gained W-o-W. The contract for the average Q1’ 2013 prices lost US$ 0.28 D-O-D and closed at US$ 84.25 a ton on 7 December 2012. Average Q4 CFR South China coal shipment prices lost US cents 17 PMT DOD and US$ 1.14 MOM.
In the meantime, sub-bit Indonesia coal swaps for Q1 delivery also lost on DOD and WOW but gained US$ 1.48 MOM.
CFR South China coal shipments (average Q1’ 2013 delivery) was opened at $ 84.28 on 3 December and closed at $ 84.25 on 7 December 2012 down US cents 3 PMT. In the meantime, CFR South China coal Q1’ 2013 delivery prices fell 0.33 percent D-o-D and gained 0.15 percent MOM. The CFR South China coal swaps for Q4’ 2013 delivery lost 0.19 percent D-o-D and gained 0.48 percent on W-W.
Sub-Bit FOB Indonesia coal contracts for Q1’ 2013 delivery closed at US$ 62.38 on 7 December 2012 compared to US$ 62.72 Monday opening, lost US$ 0.34 per MT. In the meantime, CFR South China coal Q1’ 2013 delivery swaps closed at US$ 84.25 down only US$ 0.03 pmt W-W.
CFR South China coal, average Q4 2013 deliveries did not performed well this week followed last week’s trend. This week prices fall on D-D and M-M and gained little W-W. CFR South China coal, average Q4 2013 swaps lost 0.19 percent D-D and 1.27 percent M-M.
Sub-Bit FOB Indonesia coal contracts for average Q4 2013 delivery lost D-D and W-W but gained M-M. Indonesia FOB swaps lost 0.54 percent D-D, 0.58 percent W-W but gained 0.42 percent M-M.
A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.
AsiaClear OTC Sub-Bit Indonesia coal swap for average Q4’ 2013 delivery closed US$ 3.80 higher compared to average Q1’ 2013 delivery price of US$ 62.38 on 7 December 2012. CFR South China coal swap for average Q4’ 2013 delivery closed US$ 4.13 higher compared to average Q1’ 2013 delivery price.
2013 coal swaps are not stable this week. It is very difficult to understand the market direction in 2013 from this week price closing. Coal prices are not stable and expected more volatile movements in coming weeks. the firm prices directions can be seen next year mid February.
Indonesian government has sets its December HBA at US$ 81.75 for 6322 GAR coal. This month HBA is 0.38 percent higher than November price but 27.44 percent lower than a year ago.
According to available data, Indonesia, the world largest multi grade coal exporter has shipped 35,143,587* tons of coal in October 2012 which is around 19.85* percent higher compared to September exports. Most of the Indonesian coal goes to China and India in October 2013. Indonesian low GCV coal is still an attractive fuel for Indian consumers due to its cheap price as well as lower freight. Indian coal imports from Indonesia has increased significantly in 2012 and expected it will reach more than 75 million tons in 2012. According to available information, Indonesia also shipped 300.488* million tons of coal (all grades included) in first 10 months. As usual 53.18* percent of total exported coal goes to china and India.
The physical prices of medium GVCV coal shows a little improvement last week. The current price movement is definitely not favoring coal producer on long term planning. However Indonesian most of the coal producers are decided go ahead with their original plan to increase coal output in spite the current low prices. Producers are expecting the prices will take “U” turn in near future.
COALspot.com still feels that, the year 2013, will be buyer’s year, at least until second half of 2013.
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Sunday, 20 January 13
Q1 & Q4 SUB-BIT FOB INDONESIA COAL SWAPS: FIRM
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) and CFR South China coal shipment for average Q1’ 2013 delivery have gained 0.81percent and ...
Sunday, 20 January 13
S7 & S8 ROUTE FREIGHT TREND IS EXPECTED TO BE FLAT TO SOFT THIS WEEK - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices BDI up by 9.21 pct closing at 837 points. The Cape index was also sharply u ...
Friday, 18 January 13
NEWLEAD HOLDINGS LTD. TO ACQUIRE TWO COAL PROPERTIES WITH ESTIMATED COAL RESERVES OF 18.6 MMT & 143.1 MMT
NewLead Holdings Ltd. Announces Signing Agreement to Acquire Properties with Estimated Coal Reserves of 18.6 Million Tons; Signing Agreement to Acqu ...
Friday, 18 January 13
DRY BULK MARKET ON THE RISE, ON STRONG DEMAND FOR CAPESIZE VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has continued its climbing trend yesterday, as the industry's benchmark, the Baltic Dry Index (BDI) was up by 39 points to 820. ...
Friday, 18 January 13
CAPESIZE : SIGNALS ARE MIXED BUT THE OVERALL TENDENCY IS POSITIVE - FEARNLEYS
Handy
The Atlantic market remained stable with USG-Feast fixed around USD 17k, according to fearnleys’s weekly report.
Continent / Medite ...
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- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
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