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

Tuesday, 23 October 12
INDONESIA SETS DMO FOR NEXT YEAR
COALspot.com - The Indonesian government has declared the quantity of coal to be supplied to domestic market in 2013 recently under DMO regulation. ...


Sunday, 21 October 12
BUMA HAS PRODUCED 25.0 MILLION TONS OF COAL YEAR TO DATE
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 33.2 million bcm*  (+5.5% YoY) of Overburden in September 2012 totaled while coal produc ...


Saturday, 20 October 12
SUPRAMAX FREIGHT EXPECTED TO BE FLAT - VISTAAR
COALspot.com - The shipping market continued to be quite active with quite lot of cargoes fixed for in the cape and panamax sector. The BDI was ...


Thursday, 18 October 12
INDO-INDIA, LARGE ECO SUPRA FIXED AT USD 11000 - FEARNLEYS AS
Handy Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Cont to East Med were around USD 14k and Black Sea ...


Tuesday, 16 October 12
DRY BULK FREIGHT RATES COULD IMPROVE ON CHINESE STIMULUS AND WINTER CARGO DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO has given out its forecast for the next six weeks, in terms of freight rates for dry bulk carriers. According to them, Capesize TC Average rat ...


   905 906 907 908 909   
Showing 4531 to 4535 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 ...

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