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, 31 August 12
ADVERSE SHIPPING MARKET CONDITIONS SHORTENS LIFE SPAN OF VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The adverse conditions which have been put in place in the world's freight markets, means that ship owners are forced to scrap vessels of a much yo ...


Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for tri ...


Thursday, 30 August 12
DRY BULK MARKET STILL LOOKING OUT FOR BETTER DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With things in China moving slowly this week, as a result of holidays, it’s no surprise that the latest positive trend in the dry bulk market ...


Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART TWO - JOSEPH KIRSCHKE
One of the most prominent casualties of Canada's entry into the Colombian mining sector has been a priest named Jose Reynal-Restrepo. Last Septembe ...


Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...


   918 919 920 921 922   
Showing 4596 to 4600 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 ...

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