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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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Monday, 05 December 11
SGX LAUNCHED IHS MCCLOSKEY/XINHUA INFOLINK OTC CFR SOUTH CHINA COAL CONTRACT TODAY
COALspot.com - In order to meet the demand of the coal industry for an effective coal hedging tool with counterparty credit risk mitigation facility ...
Monday, 05 December 11
DRY BULK RATES LOOKING TO EXTEND GAINS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize dry bulk carrier owners have had a great week, with rates rising for six straight sessions (including the end of the week before that). As ...
Sunday, 04 December 11
SUPRAMAX TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7500 - 8000 PD
COALspot.com - The BDI and Cape index recovered this week. The BDI was up by 3.26 pct and Cape index saw a big jump and closed at 3409 points (up by ...
Saturday, 03 December 11
BORNEO TO SPEND US$600 MIO CAPEX - INSIDER STORIES
Insider Stories reported that, Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN) plans to spend US$600 million capital expenditure ( ...
Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- White Energy Company Limited
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Australian Coal Association
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- The University of Queensland
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
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