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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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Thursday, 10 January 13
DRY BULK PANAMAX MARKET HEAVILY OVERSUPPLIED, UNLIKELY TO FIND SUPPORT IN 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite positive indication for a significant surge of dry bulk demand this year, the oversupply problems of the market, will continue to weigh heav ...
Tuesday, 08 January 13
HOLIDAY ACTIVITY SCARCE IN THE MARKET OF SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although the market for second hand vessel purchasing was quite lull during the Holiday period, as is usually the case, the first days of the New Ye ...
Tuesday, 08 January 13
NEWCASTLE PORT SHIPPED 3.197 MILLION MT OF COAL W/E 7 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,197,580 MT of thermal and coking coal for week ended 0700 hours 7 January 2013, Newcas ...
Sunday, 06 January 13
CFR SOUTH CHINA COAL: 2014 DELIVERY CLOSED US$ 6.80 HIGHER THAN Q1 '13 PRICE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.37 percent WoW and CFR South China coal sh ...
Sunday, 06 January 13
COAL BOOM: WAKE-UP CALL FOR INDIA & INDONESIA! - SUNIL K KUMBHAT
COALspot.com - Coal Boom : Scenario, Now & later!
Coal has been the dominant fuel for power generating plants in developed countries since th ...
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- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Australian Coal Association
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- The University of Queensland
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