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Monday, 03 February 14
SUB-BIT INDONESIA COAL SWAP GAINED WEEK ON WEEK
COALspot.com – Swaps prices gained for thermal coal loading from Indonesia, the world’s largest exporter of the fuel, according SGX.
The contract for Indonesian sub-bituminous coal in the third quarter rose 42 cents to $ 60.42 a metric ton week on week according to SGX. The Q4 contract held at $ 60.60 a ton.
A commodity swap is a financial agreement whereby a floating price is exchanged for a fixed rate over a specified contract period.
Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost 1.86% pmt month on month on Friday 31 January 2014. The Indonesian coal swaps for average Q1’ 2014 gained on day & week but lost on month according to AsiaClear OTC coal swap's reports released last Friday.
Sub-Bit FOB Indonesia coal swap for (average) Q1’ 14 delivery was closed at US$ 60.84 per MT or US$ 0.06 higher day on day.
Q3' 2014 delivery for the sub-bit Indonesia's coal swap was closed at US$ 60.42 per MT on 31 January 2014, US$ 0.42 higher than last Friday (24 Jan 2014) price and US$ 0.91 lower than a month ago price of US$ 61.33.
The Q4 delivery price flat on day, gained on week and fell on month. Coal swap for Q3 14 also followed Q4 trend. Average calendar 2015, swaps lost around US$ 1.00 per MT on month.
Asia Clear OTC Sub-Bit Indonesia coal swap for average Q3 14 delivery closed US cents 42 (0.69%) lower compared to average Q1’ 2014 delivery price of US$ 60.84 on 31 January 2014. In the meantime, the coal swap for Q4 delivery, closed average US cents 24 (0.39 %) lower than Q1 delivery for the same period.
Sub-Bit FOB Indonesia coal swap for second half of 2014 or Q3 and Q4 delivery swaps were closing lower than Q1 swaps and showing a weak direction.
Coal swap for delivery Q1 gained US cents 6 (0.10%) on day and US cents 31 (0.51%) on week, but lost US$ 1.15 (1.86%) on month. Q4' 2014 delivery price has also lost 1.59% month on month, gained 0.83% on week and flat on day as of 31 January 2014.
The sub-bit Indonesia's coal swap for Q1’ 2014 delivery has achieved highest price of US$ 60.84 / MT the last day of the month or the week ended on 31 January 2014 and has entered its lowest level (US$ 60.77 / MT) on 29 January 2014).
Sub-Bit Indonesia coals swap for delivery Q3 & Q4 2014 shows a weak performance compared to Q1 trend.
In the meantime, the Indonesian based English news paper, the Jakarta globe reported that, the Indonesian government will raise the coal royalty for IUP holders to 13.5 percent as previously agreed by lawmakers, as stated by R. Sukhyar, the director general for coal and mineral resources. Currently, IUP holders pay 3 percent to 5 percent as royalty for coal, significantly lower than the 13.5 percent levied on CCoW holders.
The above article is subject to SGX’s and COALspot.com’s disclaimer clauses.
If you believe an article violates your rights or the rights of others, please contact us.
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Tuesday, 28 January 14
DRY BULK SHIP OWNERS RETREAT TO OLD 'HABITS', REFUSING TO DEMOLISH OLD VESSELS, THREATENING MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
If one thing is clear as we reflect on the 2013 shipping markets, it's that ship owners took advantage of low prices, in order to acquire newer ton ...
Monday, 27 January 14
MERCATOR SINGAPORE REPORTS 52% INCREASE IN EBITDA FOR Q3 FY 2014 AS COMPARED TO PREVIOUS QUARTER
COALspot.com: Mercator Lines (Singapore) Limited, a leading Indian-owned international dry bulk shipping company that operates a fleet of fourteen d ...
Monday, 27 January 14
13TH CLEAN COAL FORUM 2014
COALspot.com: (Press Release) - Produced by CDMC Events, The 13th Clean Coal Forum 2014 will be held on June 12 &13 2014 in Beijing, China. We a ...
Monday, 27 January 14
Q3 & Q4 API 8 CFR SOUTH CHINA COAL SWAPS CONTINUE TO REMAIN WEAK
COALspot.com: API 8 CFR South China Coal swaps for average Q1 14 delivery lost 4.45 percent month on month and closed at US$ 79.05 per mt as on Frid ...
Monday, 27 January 14
Q3 2014 SUB-BIT INDONESIA COAL SWAP LOST GROUND, ENDS AT $60 PMT
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost 2.29% pmt month on month on Friday 24 January 2014. Th ...
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- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- The University of Queensland
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
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- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
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- Timah Investasi Mineral - Indoneisa
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- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
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- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
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