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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, 12 December 12
69.23 PERCENT OF END-USERS ARE BELIEVE, COAL PRICES ARE IN UPWARD TREND
COALspot.com - The Indonesian government’s declared coal reference price for December’ 12 has gained US cents 31 per MT M-o- ...
Wednesday, 12 December 12
CAPESIZE FREIGHT RATES TO RANGE BETWEEN $9,000 - 16,000/DAY IN THE COMING WEEKS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted yesterday, that Capesize time-charter rates are expected to stay elevated in the foll ...
Tuesday, 11 December 12
NEWCASTLE PORT IN AUSTRALIA HAS LOADED 2,720,205 MT OF COAL W/E 10 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,720,205 MT of thermal and coking coal for week ended 0700 hours 10 December 2012, Newc ...
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 ...
Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...
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- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
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