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
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT


*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities


The debut of Australia ASX Ltd's first deliverable thermal coal futures failed to attract any business on its Tuesday launch.

The coal futures, based on free-on-board Newcastle coal, saw no bids, offers or deals placed. The front-month October contract settled at $71 a tonne.

"Liquidity will take some time to build up. It didn't happen overnight for globalCOAL and likewise, this will take some time to gather momentum," said an Australian-based trader.

ASX's thermal coal futures competes with the futures contracts launched in December by Intercontinental Exchange using electronic trading platform globalCOAL's NEWC price benchmark.

The deliverable feature on ASX's futures separates it from ICE's NEWC coal futures contract, which is a financial product.

Participants can use the contract either directly through the ASX platform or place their bids or offers with their over-the-counter brokers.

Trading hours for the contracts are between 8:34 am - 4:30 pm (Australian Eastern State time) and between 5:14 pm - 7:00 am.

The launch of ASX's coal futures in a region where large buyers have been slow to embrace hedging, have prompted some market players to question if the platform can gather sufficient liquidity.

"This is a new product altogether and we expect it will draw a new pool of liquidity from existing market players," Anthony Collins, general manager of emerging markets at ASX, told Reuters. "It won't be stealing liquidity from globalCOAL."

ASX said its deliverable coal futures and options contracts could serve as a forward price alternative to the existing editorial and over-the-counter (OTC) derived indexes used for swap contracts and index-linked supply agreements.

It said it will also present opportunities to arbitrage existing index-based swaps and related option products.

Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...


Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad. &ld ...


Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...


Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T * Talks between individual power firms and miners ongoing South Korean utilities ...


Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
  A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...


   1334 1335 1336 1337 1338   
Showing 6676 to 6680 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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