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Monday, 07 April 14
API 8 CFR SOUTH CHINA COAL SWAPS GAINED 2.09% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries gained 2.09 percent month on month and closed at US$ 75.68 per mt as on Friday 4 April 2014. The CFR South China Coal swap for delivery Q4 2014 lost day on day but gained week on week and month on month according to SGX AsiaClear OTC coal swap's reports released week ended 4 April 2014.
SGX has launched SGX Thermal Coal Futures on 21 Oct 2013.
Q4 delivery swap closed at US$ 76.42 a ton on 4 April 2014, a US$ 0.25 higher from a month and US$ 0.25 higher from a week ago closing of US$ 76.17. API 8 CFR South China coal shipment price for Q1'15 delivery has gained US$ 0.27 month on month.
Q1’15 delivery swap closed at US$ 77.25 pmt on 4 April 2014, a $ 1.57 higher compared to Q2’ 2014 closing.
API 8 CFR South China Coal swap for average Q4’ 2014 deliveries closed US$ 0.74 (0.98%) higher compared to average Q2’ 2014 delivery price of US$ 75.68 on 4 April 2014. In the meantime, the average Q1 2015 coal swap was also closed 2.07 percent (US$ 1.57) higher than Q2’ 2014 swaps for the same period. According to this last week's swaps trend, Q4 2014 and Q1 2015 coal swaps are higher compared to Q2 prices. Market is showing a positive move compare to Q2 prices versus end of this year or early next year prices.
API 8 CFR South China Coal for Q2’ 2014 delivery swap was achieved a highest price (US$ 75.75) on 3 April 2014, and swap experienced a lowest closing (US$ 75.52) on 1 April 2014.
API 8 CFR South China Coal swaps for deliveries Q2, Q4 and Q1 next year gained month on month and week on week.
China's coal price has dropped to the lowest level since end-2008 and Fitch does not expect market conditions to meaningfully improve in the short-term. The coal market is still oversupplied with low cost imports and heated price competition among China's large domestic mining companies, says Fitch Ratings.
Fitch ratings has downgraded a China-based coal miner’s rating recently with the view that coal prices will remain subdued for an extended period.
Fitch says in its rating upgrade that, the Chinese coal demand is likely to remain sluggish given the overall deceleration in China's industrial sector growth, increasing share of renewable capacity in power generation and policy headwinds from China's initiatives to reduce environment pollution, especially in eastern China.
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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Monday, 30 June 14
WEEKLY CFR SOUTH CHINA COAL SWAPS DECLINE CONTINUES; Q1'15 LOST US$ 4.55 PMT IN A WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in Q3 fell US$ 5.25 month on month on Friday, dipping under $69 a tone. The CFR South Ch ...
Monday, 30 June 14
INDO - INDIA FREIGHT RATES CONTINUE TO WEAK
COALspot.com: The latest dry Index shows that average all-in spot freight declined, the Panamax and Supramax slipping by 9.11 percent and 4% respec ...
Friday, 27 June 14
DRY BULK MARKET STILL LOOKING FOR UPSIDE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept up its lacklustre performance during the past week, as evidenced by the course of the Baltic Dry Index (BDI). The BDI ...
Thursday, 26 June 14
PANAMAX : A PACIFIC ROUND PAYS AROUND US$ 3K DAILY - FEARNLEYS AS
Handy
In the Atlantic there has been little activity which again has caused rates to slip across all trades. TA´s are now down to US$ 5,500 ...
Thursday, 26 June 14
KOMIPO INVITES BIDS FOR TOTAL 750K MT OF BITUMINOUS COAL FOR 3CY
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) has issued a new tender for supply of total 250,000 MT of bituminous co ...
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- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
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