We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 24 February 13
COAL SWAPS INCH UP WEEK - ON - WEEK
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.17 percent and CFR South China coal shipment 0.15 W-O-W as of Friday, 22 February 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 Q2’ 2013 delivery has gained 0.17 percent W-W but lost 0.03 percent on D-D on Friday, 22 February 2013, AsiaClear OTC coal swaps report said on Friday. Sub-Bit FOB Indonesia coal swaps for average Q2’ 2013 delivery was opened on 18th February 2013 at US$ 66.03 pmt and closed at US$ 66.20 on 22 February 2013.
Average Q4’ 2013 deliveries for sub-bit Indonesia coal swap was opened at $ 67.68 pmt on 18 February 2013 and closed at $ 67.70 on 22 February 2013. Average Q4’ delivery price has gained US cents 0.02 PMT W-o-W and US$ 0.15 D-o-D.
But, sub-bit Indonesia coal swaps for Cal 2014 delivery lost W-o-W and D-o-D.
AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$ 3.78 (5.70 %) higher compared to average Q2 delivery price of US$ 66.20 on 22 February 2013. In the meantime, the Q4’ 2013 coal swap has closed US$ 1.50 (2.26 %) higher than Q2 ‘ 2013 swap on 22 February 2013.
CFR South China Coal Swaps
CFR South China coal shipment for average Q2’ 2013 delivery price gained 0.17 per cent W-O-W.
In the meantime, the average Q4’ 2013 delivery price has also gained W-W and D-D. The contract for the average Q2’ 2013 prices gained US$ 0.15 W-o-W and closed at US$ 87.20 a ton on 22 February 2013. Average Q4 CFR South China coal shipment prices gained US cents 55 PMT W-W and US cents 12 per MT DoD.
CFR South China coal shipments (average Q2’ 2013 delivery) was opened at $ 87.05 on 18 February 2013 and closed at $ 87.20 on 22 February 2013 gained US$ 0.15 PMT in a week. The CFR South China coal swaps for Q4’ 2013 delivery also followed Q2 trend gained 0.62 percent W-o-W.
CFR South China coal swap for average Q4’ 2013 delivery closed US$ 1.70 higher compared to average Q2’ 2013 delivery price. The calendar 2014 coal swap has closed US$ 5.40 higher than average Q2 2013 swap.
Indonesia HBA
Indonesian government has sets its February HBA at US$ 88.35 for 6322 GAR coal.
February’ 13 HBA, US$ 0.80 higher compared to January 2013 bench mark price.
According to media reports, Energy and Mineral Resources department of Indonesia expects 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. Government of Indonesia also planning to increase the production and export in 2013.
India
The import of steam coal to India, particularly the high calorific value power plant coal imports suddenly subject to higher duty after Indian customs officers classifying the higher calorific value coal as "bituminous coal", industry players says.
Indian customs officers recently defined any coal above 5833 on DMMF basis and Volatile matter above 14 percent as "bituminous coal" which is subject to 5% CD and a 6% CVD. Most of the power plant coal importers India, including Indonesian low GCV coal importers are expected to face risk to pay higher duty.
“Such ambiguity can result in Power Generators having to shell out about 10 percent additional duty which in turn would impact the profitability and or tariff setting, said a power producer from southern part of India.
“Indonesia’s “Ultra low GCV coal suppliers future is expected to be bright due to this new move by Indian customs”, said a coal producer from Indonesia.
If the new interpretation is accepted and continued, then India become largest “premium coal” importer in the world soon.
"Consumers are being asked to fork out high CVD not only on their current imports, but authorities are also asking them to pay taxes with retrospective effective i.e. from April 2012 onwards," according to an Indian media.
In the meantime, an another Indian media said in its report that, “the Union budget may announce a clarification on coal imports meant for electricity generation that would resolve the confusion resulting in Indian customs authorities denying importers of the fuel duty concessions granted in last year’s budget”.
China
Chinese buyers are already in the market after celebrating Lunar Year celebration for more than a week. However, according to suppliers, the bids are from China is not much attractive for suppliers.
Indonesian coal market was almost flat last week and expected some positive correction coming week, a trader said from Kalimantan.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China.
It will make you understand regulatory asp ...
Sunday, 24 February 13
BDI FELL 1.72 PERCENT BUT FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - This freight market has been fairly steady this week but, BDI fell1.72 pct and closed at 740 points.
The cape index also joins BDI ...
Saturday, 23 February 13
IHS MCCLOSKEY 20TH ANNUAL COAL CONFERENCE OF THE AMERICAS
IHS McCloskey 20th Annual Coal Conference of the Americas to be held on 13-14 March 2013 in Cartagena, Colombia
IHS is pleased to invite you to t ...
Thursday, 21 February 13
HANDY : THE PACIFIC MARKET GOT FIRMED UP AS CHINESE CAME BACK FROM HOLIDAYS - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week but rates remained unchanged as lot of ships in the market. The USG-Feast was at USD 18k and Bla ...
Thursday, 21 February 13
SPRING COAL PROCUREMENT 2013 IS ABOUT TO TAKE PLACE
In 2012, “Steady Growth” had set the keynote for China’s economic development. Guided by the principle of progressing steadily, do ...
|
|
|
Showing 4371 to 4375 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Indika Energy - Indonesia
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- White Energy Company Limited
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- GMR Energy Limited - India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
|
| |
| |
|
