COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 16 November 12
HANDY : IRON ORE WAS QUIET AND RATES FROM INDIA TO CHINA AROUND USD 5500
Handy The Atlantic was weak with more supply of ships. Rates from Continent/ Feast at USD 9000 and from USG/China at USD 15k. The Pacific market re ...


Wednesday, 14 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 11.14 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,100,686 MT of thermal and coking coal for week ended – 0700 hours 12 November 2012, Ne ...


Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration fore ...


Tuesday, 13 November 12
BULK PORTS & TECHNOLOGY ASIA 2013
Press Release - TOC Events are pleased to announce a new addition to our global portfolio with the launch of the inaugural Bulk Ports & Technolo ...


Monday, 12 November 12
THE ESTABLISHMENT OF NORTH KALIMANTAN AS A NEW PROVINCE WILL NOT AFFECT THE LOCAL MINING COMPANIES
The government of Indonesia has ensured that the establishment of North Kalimantan as a new province will not affect the local mining companies ...


   899 900 901 902 903   
Showing 4501 to 4505 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Barasentosa Lestari - Indonesia
  • Petron Corporation, Philippines
  • Coalindo Energy - Indonesia
  • Orica Australia Pty. Ltd.
  • Port Waratah Coal Services - Australia
  • Deloitte Consulting - India
  • Cement Manufacturers Association - India
  • Wood Mackenzie - Singapore
  • Independent Power Producers Association of India
  • Vizag Seaport Private Limited - India
  • IBC Asia (S) Pte Ltd
  • Price Waterhouse Coopers - Russia
  • Central Java Power - Indonesia
  • Bangkok Bank PCL
  • Bangladesh Power Developement Board
  • ING Bank NV - Singapore
  • Edison Trading Spa - Italy
  • Formosa Plastics Group - Taiwan
  • European Bulk Services B.V. - Netherlands
  • Grasim Industreis Ltd - India
  • RBS Sempra - UK
  • Parliament of New Zealand
  • McKinsey & Co - India
  • MS Steel International - UAE
  • Jorong Barutama Greston.PT - Indonesia
  • Mitsui
  • TGV SRAAC LIMITED, India
  • Tamil Nadu electricity Board
  • Riau Bara Harum - Indonesia
  • HSBC - Hong Kong
  • Africa Commodities Group - South Africa
  • Deutsche Bank - India
  • Chettinad Cement Corporation Ltd - India
  • Banpu Public Company Limited - Thailand
  • Asmin Koalindo Tuhup - Indonesia
  • Cemex - Philippines
  • Ince & co LLP
  • Antam Resourcindo - Indonesia
  • Savvy Resources Ltd - HongKong
  • Tata Chemicals Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • Coastal Gujarat Power Limited - India
  • Indorama - Singapore
  • globalCOAL - UK
  • PTC India Limited - India
  • Orica Mining Services - Indonesia
  • Xindia Steels Limited - India
  • Baramulti Group, Indonesia
  • The State Trading Corporation of India Ltd
  • Indo Tambangraya Megah - Indonesia
  • Enel Italy
  • Japan Coal Energy Center
  • Total Coal South Africa
  • Maharashtra Electricity Regulatory Commission - India
  • Cosco
  • OCBC - Singapore
  • Mercator Lines Limited - India
  • ETA - Dubai
  • Russian Coal LLC
  • Ministry of Mines - Canada
  • GHCL Limited - India
  • Cargill India Pvt Ltd
  • Kobe Steel Ltd - Japan
  • Lanco Infratech Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Mitsubishi Corporation
  • Therma Luzon, Inc, Philippines
  • Vedanta Resources Plc - India
  • Kumho Petrochemical, South Korea
  • TANGEDCO India
  • GN Power Mariveles Coal Plant, Philippines
  • Electricity Generating Authority of Thailand
  • Coal Orbis AG
  • SGS (Thailand) Limited
  • International Coal Ventures Pvt Ltd - India
  • JPMorgan - India
  • Platts
  • IMC Shipping - Singapore
  • Essar Steel Hazira Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Star Paper Mills Limited - India
  • Videocon Industries ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • Thomson Reuters GRC
  • Anglo American - United Kingdom
  • Coaltrans Conferences
  • Sarangani Energy Corporation, Philippines
  • Indian Oil Corporation Limited
  • Rashtriya Ispat Nigam Limited - India
  • Samtan Co., Ltd - South Korea
  • Bank of China, Malaysia
  • Uttam Galva Steels Limited - India
  • Interocean Group of Companies - India
  • Bukit Makmur.PT - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • IEA Clean Coal Centre - UK
  • Semirara Mining Corp, Philippines
  • Gupta Coal India Ltd
  • NALCO India
  • PLN Batubara - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Latin American Coal - Colombia
  • Indogreen Group - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Samsung - South Korea
  • Siam City Cement PLC, Thailand
  • Peabody Energy - USA
  • Cardiff University - UK
  • Shenhua Group - China
  • Indika Energy - Indonesia
  • KPCL - India
  • bp singapore
  • Britmindo - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Heidelberg Cement - Germany
  • DBS Bank - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • SMG Consultants - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Freeport Indonesia
  • Arch Coal - USA
  • Geoservices-GeoAssay Lab
  • Meralco Power Generation, Philippines
  • Kobexindo Tractors - Indoneisa
  • Gresik Semen - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Petrosea - Indonesia
  • The University of Queensland
  • Miang Besar Coal Terminal - Indonesia
  • Bhoruka Overseas - Indonesia
  • SASOL - South Africa
  • Sakthi Sugars Limited - India
  • Energy Development Corp, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Directorate General of MIneral and Coal - Indonesia
  • Rudhra Energy - India
  • New Zealand Coal & Carbon
  • Mitra SK Pvt Ltd - India
  • Simpson Spence & Young - Indonesia
  • Madhucon Powers Ltd - India
  • Wilmar Investment Holdings
  • Maybank - Singapore
  • Minerals Council of Australia
  • Kalimantan Lumbung Energi - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Global Business Power Corporation, Philippines
  • Eastern Coal Council - USA
  • India Bulls Power Limited - India
  • Central Electricity Authority - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Permata Bank - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • PowerSource Philippines DevCo
  • IHS Mccloskey Coal Group - USA
  • PLN - Indonesia
  • SRK Consulting
  • Sinarmas Energy and Mining - Indonesia
  • Australian Commodity Traders Exchange
  • Singapore Mercantile Exchange
  • World Bank
  • Merrill Lynch Bank
  • BRS Brokers - Singapore
  • TNPL - India
  • McConnell Dowell - Australia
  • Inspectorate - India
  • Bulk Trading Sa - Switzerland
  • Bahari Cakrawala Sebuku - Indonesia
  • Parry Sugars Refinery, India
  • Energy Link Ltd, New Zealand
  • London Commodity Brokers - England
  • Kideco Jaya Agung - Indonesia
  • Bharathi Cement Corporation - India
  • Chamber of Mines of South Africa
  • San Jose City I Power Corp, Philippines
  • Sojitz Corporation - Japan
  • Surastha Cement
  • SUEK AG - Indonesia
  • Berau Coal - Indonesia
  • IOL Indonesia
  • Arutmin Indonesia
  • Commonwealth Bank - Australia
  • TRAFIGURA, South Korea
  • SMC Global Power, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • LBH Netherlands Bv - Netherlands
  • Mechel - Russia
  • U S Energy Resources
  • APGENCO India
  • VISA Power Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • CIMB Investment Bank - Malaysia
  • World Coal - UK
  • Jatenergy - Australia
  • Standard Chartered Bank - UAE
  • Georgia Ports Authority, United States
  • Coal and Oil Company - UAE
  • Iligan Light & Power Inc, Philippines
  • ANZ Bank - Australia
  • Sucofindo - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Renaissance Capital - South Africa
  • Power Finance Corporation Ltd., India
  • Global Green Power PLC Corporation, Philippines
  • Goldman Sachs - Singapore
  • Mintek Dendrill Indonesia
  • Jindal Steel & Power Ltd - India
  • EIA - United States
  • GAC Shipping (India) Pvt Ltd
  • Pendopo Energi Batubara - Indonesia
  • Economic Council, Georgia
  • ICICI Bank Limited - India
  • Agrawal Coal Company - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Reliance Power - India
  • Kapuas Tunggal Persada - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • GNFC Limited - India
  • Indonesian Coal Mining Association
  • Global Coal Blending Company Limited - Australia
  • CNBM International Corporation - China
  • Intertek Mineral Services - Indonesia
  • Mercuria Energy - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Manunggal Multi Energi - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • SN Aboitiz Power Inc, Philippines
  • Aboitiz Power Corporation - Philippines
  • Glencore India Pvt. Ltd
  • Merrill Lynch Commodities Europe
  • Mjunction Services Limited - India
  • Makarim & Taira - Indonesia
  • Ambuja Cements Ltd - India
  • Qatrana Cement - Jordan
  • Karbindo Abesyapradhi - Indoneisa
  • Kartika Selabumi Mining - Indonesia
  • Ernst & Young Pvt. Ltd.
  • PNOC Exploration Corporation - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Xstrata Coal
  • Trasteel International SA, Italy
  • Infraline Energy - India
  • Core Mineral Indonesia
  • Bank of America
  • Siam City Cement - Thailand
  • NTPC Limited - India
  • The India Cements Ltd
  • Bayan Resources Tbk. - Indonesia
  • Marubeni Corporation - India
  • Cebu Energy, Philippines
  • Lafarge - France
  • ACC Limited - India
  • Asia Cement - Taiwan
  • Indian Energy Exchange, India
  • Salva Resources Pvt Ltd - India
  • Posco Energy - South Korea
  • BNP Paribas - Singapore
  • Rio Tinto Coal - Australia
  • UBS Singapore
  • Borneo Indobara - Indonesia
  • Indonesia Power. PT
  • Medco Energi Mining Internasional
  • Thermax Limited - India
  • Vale Mozambique
  • KPMG - USA
  • J M Baxi & Co - India
  • Oldendorff Carriers - Singapore
  • EMO - The Netherlands
  • Malabar Cements Ltd - India
  • South Luzon Thermal Energy Corporation
  • PetroVietnam
  • Ind-Barath Power Infra Limited - India
  • Moodys - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Thriveni
  • Malco - India
  • Noble Europe Ltd - UK
  • Runge Indonesia
  • Jaiprakash Power Ventures ltd
  • The Treasury - Australian Government
  • Thai Mozambique Logistica
  • Krishnapatnam Port Company Ltd. - India
  • Thiess Contractors Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Gujarat Sidhee Cement - India
  • Larsen & Toubro Limited - India
  • GMR Energy Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CoalTek, United States
  • CESC Limited - India
  • Idemitsu - Japan
  • ASAPP Information Group - India
  • MEC Coal - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Clarksons - UK
  • Maheswari Brothers Coal Limited - India
  • Adani Power Ltd - India
  • Shree Cement - India
  • Bukit Baiduri Energy - Indonesia
  • Humpuss - Indonesia
  • GVK Power & Infra Limited - India
  • Panama Canal Authority
  • Neyveli Lignite Corporation Ltd, - India
  • Australian Coal Association
  • Pinang Coal Indonesia
  • Eastern Energy - Thailand
  • Maersk Broker
  • GB Group - China
  • Dalmia Cement Bharat India
  • Maruti Cements - India
  • Platou - Singapore
  • Indian School of Mines
  • Karaikal Port Pvt Ltd - India
  • White Energy Company Limited
  • Credit Suisse - India
  • Sical Logistics Limited - India
  • Tanito Harum - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Electricity Authority, New Zealand
  • Adaro Indonesia
  • Thailand Anthracite
  • Ministry of Transport, Egypt
  • Metalloyd Limited - United Kingdom
  • Ministry of Finance - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Altura Mining Limited, Indonesia
  • Meenaskhi Energy Private Limited - India
  • JPower - Japan
  • CCIC - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Coal India Limited
  • Tata Power - India
  • KEPCO - South Korea
  • Carbofer General Trading SA - India
  • Argus Media - Singapore
  • Romanian Commodities Exchange
  • KOWEPO - South Korea
  • WorleyParsons
  • Attock Cement Pakistan Limited
  • Fearnleys - India
  • Aditya Birla Group - India
  • Planning Commission, India
  • Cigading International Bulk Terminal - Indonesia
  • Vitol - Bahrain
  • Bhushan Steel Limited - India
  • Asian Development Bank
  • Inco-Indonesia
  • Bhatia International Limited - India
  • Coeclerici Indonesia
  • UOB Asia (HK) Ltd
  • Barclays Capital - USA
  • TeaM Sual Corporation - Philippines