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Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW but CFR South China coal shipment for average Q1’ 2013 delivery price gained 0.34 per cent for the same period as of Friday, 11 January 2013, according to the data released by AsiaClear OTC coal swaps.
A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.
Indonesia Sub-Bit FOB Coal Swaps
Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.09 percent D-D on Friday, 11 January 2013, 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 7 January 2013 at US$ 63.90 pmt but closed at US$ 63.69 on 11 January 2013. In the meantime, the average Q4’ 2013 delivery price has lost 0.34percent for the same period.
Average Q4’ 2013 deliveries for sub-bit Indonesia coal swap was opened at $ 67.08 pmt on 7 January 2013 and closed at $ 66.85 on 11 January 2013. Average Q4’ delivery price has down by US cents 23 PMT W-o-W but flat D-o-D.
Sub-bit Indonesia coal swaps for Cal 2014 delivery has gained W-o-W, but lost DoD.
AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$ 4.58 higher compared to average calendar 2013 delivery price of US$ 65.22 on 11 January 2013. In the meantime, The Q4’ 2014 coal swap has closed US$ 6.11 higher than Q1 ‘ 2013 swap.
CFR South China Coal Swaps
CFR South China coal shipment for average Q1’ 2013 delivery price gained 0.34 per cent W-O-W but flat D-o-D.
In the meantime, average Q4’ 2013 delivery price has gained D-D and W-W. The contract for the average Q1’ 2013 prices gained US$ 0.29 W-o-W and closed at US$ 85.49 a ton on 11 January 2013. Average Q4 CFR South China coal shipment prices gained US cents 0.30 PMT D-o-D and US cents 0.52 W-o-W.
CFR South China coal shipments (average Q1’ 2013 delivery) was opened at $ 88.90 on 7 January 2013 and closed at $ 89.42 on 11 January 2013 up US$ 0.29 PMT in a week. In the meantime, the CFR South China coal swaps for Q4’ 2013 delivery gained 0.58 percent W-o-W and 0.33 percent on D-o-D.
CFR South China coal swap for average Q4’ 2013 delivery closed US$ 6.70 higher compared to average Q1’ 2013 delivery price. The calendar 2014 coal swap has closed US$ 4.78 higher than average calendar 2013 swap.
Indonesian government has sets its January HBA at US$ 87.55 for 6322 GAR coal. This month HBA, US$ 5.80 higher compared to December 2012 price. In the meantime, Energy and Mineral Resources Deputy Minister of Indonesia has forecasted that, the Indonesia coal reference price (HBA) will reach over US$100 per ton this year following potential economic recovery as showed by the recent US fiscal-cliff budget deal.
However, Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that, 1M price outperformance’s are mainly on seasonal effect which raised global coal prices by some 16% from its bottom in November 2012. Bahana maintains 2013 coal price assumption at USD82/ton (-15% y-y), given continued uncertainties in global outlook, temporary restocking condition, increasing coal output and US industrial users’ switch to shale gas.
Inquiries from India is still flooding in to Indonesian market. According to coal traders in Indonesia, Indian buyers are willing to offer little higher price than that they have bids last months. The coal market direction is seems to be struck in fog. Hope, the coming weeks, can give a clear direction for coal prices for the rest of the year.
According to available data, Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012 which is around 4.45* percent lower compared to October exports.
Most of the Indonesian coal had shipped to China and India in November 2012. 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.
According to our sources, 58.65* percent of Indonesia’s total coal exports in November has shipped to China and India.
Indonesia’s coal output is also expected to increase by 1.2 percent to 391 million tons from 386 million tons last year, as cited by local media, referring minister’s quote. As Indonesia is planning to produce more coal in 2013, and the market demand is also expected to be flat in 2013, we feel, the price recovery may face higher pressure in 2013.
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Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...
Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...
Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...
Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points and closed at 2,694 poi ...
Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
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- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
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