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

Saturday, 17 March 12
THE FREIGHT RATES FOR INDONESIA TO INDIA REMAINED FIRM - VISTAAR SINGAPORE
COALspot.com - The market continued to be firm and all segments were up except for Cape Index which was down by 2.46 pct closing at 1,466 points. ...


Saturday, 17 March 12
INDIAN GOVT FINALIZES DRAFT BILL FOR COAL REGULATOR - PTI
The coal sector would soon get a regulator as the government has finalised a draft bill for the purpose, Coal Minister Sriprakash Jaiswal said Wedne ...


Friday, 16 March 12
THE PACIFIC MARKET IS FIRMING UP - FEARNLEYS AS
Handy A slightly positive trend was seen last week in the Atlantic. Skaw-Passero deliveries fixed around USD 3k to US Gulf, while US Gulf deliveres ...


Thursday, 15 March 12
RAINS AVERAGE SELLING PRICE OF COAL WENT UP BY 22 % IN 2011
COALspot.com - PT. Resource Alam Indonesia Tbk, an Indonesian CCoW (3rd Generation) holder reported Wednesday a 171 percent increase in net profits ...


Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES
Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back ...


   959 960 961 962 963   
Showing 4801 to 4805 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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