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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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Wednesday, 22 January 14
HANDY/SMAX: TALK OF RATES INDICATES A STEADY TO FIRMING TREND - INTERMODAL
Last week closed off on the red once more for the Dry Bulk market, which continues to see freight rates trying to get steady feet. Nonetheless, with ...
Wednesday, 22 January 14
EXPORT BAN ON UNPROCESSED MINERALS EFFECTIVE 12 JANUARY 2014 - THREE - YEAR REPRIEVE FOR SOME, BUT UNCERTAINTY REMAINS: PWC
COALspot.com: On 11 January 2014, only hours before a long-debated ban on the export of unprocessed minerals was to come into effect, the Government ...
Wednesday, 22 January 14
DRY SECTOR: SENTIMENT REMAINS STRONG - INTERMODAL
As we have now entered 2014 and the Chinese are soon entering their Year of the Horse (sit tight for the ride!), it is a great opportunity to see ho ...
Wednesday, 22 January 14
SGX SUCCESSFULLY LAUNCHED FREIGHT FUTURES
COALspot.com: Singapore exchanged announced that, SGX Freight Futures were successfully launched on 20 January 2014, and the first trade ...
Tuesday, 21 January 14
PORT OF NEWCASTLE SHIPPED SLIGHTLY MORE COAL WEEK ON WEEK
COALspot.com: In the week ended 20 January 14, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2. ...
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- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- The University of Queensland
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
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