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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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Thursday, 01 November 12
KOMIPO LOOKING FOR 440,000 MT OF 4600 KCAL/KG NAR COAL FOR BORYEONG POWER PLANT
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids from coal producers, marketing companies or traders to supply of 440,000 Metric ...
Thursday, 01 November 12
CAPESIZE RATES FALL, DRY BULK MARKET RETREATS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It was another lackluster session yesterday in the dry bulk markets, with the industry's benchmark, the BDI (Baltic Dry Index) retreating by 1.63 p ...
Thursday, 01 November 12
HANDY : WCI-CHINA RATES ARE AT AROUND USD 5,000 AND ECI-CHINA AROUND USD 4000 - FEARNLEYS AS
Handy
The Atlantic market remains quiet due to a lack of cargoes and an increased supply of ships. Rates from the Continent to east Med were around ...
Tuesday, 30 October 12
COAL PRODUCTION TO RISE BY FIVE PERCENT IN 2013 - TEMPO INTERACTIVE
TEMPO Interactive reported that, Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu has estimated that Indonesian coal production will ...
Tuesday, 30 October 12
NEW BUILDING ORDERING ACTIVITY KEEPS ON RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have refrained from placing any new orders of vessels during the course of the past few days, according to shipbroker reports. According ...
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- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Australian Coal Association
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Planning Commission, India
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Economic Council, Georgia
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
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