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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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Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...
Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended 0700 hours 14 January 2013, Newca ...
Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...
Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...
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Showing 4421 to 4425 news of total 6871 |
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- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
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