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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, 16 June 14
API 8 CFR SOUTH CHINA COAL SWAPS FALL CONTINUES THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 4.34 percent month on month and closed at US$ 71.05 per mt a ...
Sunday, 15 June 14
COAL FREIGHT RATES FALL FURTHER ON LACK OF DEMANDS - CAPT. REDDY
COALspot.com: The BDI softened this week as all segments fell this week. The Panamax sector being most affected. The Cape index was down 3.51 pct w ...
Friday, 13 June 14
US COAL PRODUCTION FELL 3% IN WEEK THAT ENDED JUNE 7, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 18.6 million short tons (mmst) of coal in a ...
Friday, 13 June 14
DRY BULK MARKET KEEPS ON FALLING, DESPITE RESPITE OF THE CAPESIZE SECTOR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept on its lacklustre performance overall, with the Baltic Dry Index (BDI) still hovering below the 1,000 point mark. Yest ...
Thursday, 12 June 14
INDONESIA SETS HBA FOR MONTH OF JUNE AT US$ 73.64
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised up first time in last four months the coal bench mark price. ...
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- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
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