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, 10 July 14
SGX EXPANDS ACROSS THE BULKS WITH NEW COAL PRODUCTS

COALspot.com: Singapore Exchange (SGX) is expanding its bulk commodity derivatives offering by launching new coking and thermal coal products on 4 August 2014. According to SGX's e-mail note, In addressing the market’s needs for more effective risk management solutions on commodities, SGX is launching new coking and thermal coal products early next month.

Coking Coal – enhancing the steel derivatives complex

Coking coal, also known as metallurgical coal, is a key raw material in the production of steel. Today, the majority of seaborne coking coal trade flow is concentrated in the Asia Pacific region. Australia makes up well over half of total seaborne supply, while approximately two thirds of demand is from major North Asian steelmaking regions (such as China, Japan, Korea, Taiwan & India).

Comprising approximately one-third of the variable cost in the production of crude steel, fluctuations in coking coal prices can significantly impact steelmaker profitability. Furthermore, the industry is transitioning towards wider adoption of shorter-term spot and index-linked pricing, adding greater price volatility and uncertainty across the steel value chain.

SGX believes that, the new SGX Coking Coal Swaps and Futures will augment the existing Iron Ore and HRC Steel derivative contracts. Market participants can more effectively lock in the ‘hot metal spread’ on one single clearing platform, and at the same time benefit from inter-commodity margin offsets, improving capital efficiency.

A note from SGX further said that, with increasing adoption of shorter-term index-linked pricing, SGX will launch two new premium hard coking coal derivative contracts (FOB Australia & CFR China) to support market participants with more effective price risk management solutions across the steel value chain.

Thermal Coal – all major Asian prices: one time-zone, one platform

Asia is both a key producer and consumer of thermal coal.

A decade ago, Asia accounted for approximately half of seaborne thermal coal demand. Today, Asian accounts for about three quarters of total seaborne demand. China and India in particular have been key drivers of seaborne thermal coal demand growth in recent years, while Indonesia and Australia are key exporters of the commodity, said SGX.

According to SGX, to serve the needs of the growing Asian thermal coal market, SGX is expanding its existing thermal coal product offerings (API 8 and IHS McCloskey Indonesian Sub-Bituminous Coal derivatives) to include derivatives based on the API 4 and API 5 indices.

API 4 is the price benchmark for thermal coal exported FOB (free-on-board) from Richards Bay in South Africa. While South African exports were historically more of a European market, the market has evolved in recent years and Asia now accounts for a majority of API 4 demand.

API 5 meanwhile is the price benchmark for thermal coal exported FOB from Newcastle in Australia, which has become an increasingly important reference price as Chinese imports have risen.

SGX enhances its suite of bulk commodity products with four new coking and thermal coal derivative products. These new contracts will complement our existing AsiaClear products to provide customers with access to even more effective, efficient and comprehensive risk management.  According to SGX, all four contracts will be launched on 4 August 2014.



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

Recent News

Sunday, 18 May 14
FREIGHT RATES ARE EXPECTED TO BE FIRM NEXT WEEK
COALspot.com: The freight market was steady with the BDI was closed slightly higher at 1027 points  or up 3.00 pct week on week. The Cape ...


Friday, 16 May 14
KOMIPO IS LOOKING FOR 60K MT OF LOW VOLATILE BITUMINOUS COAL
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 60,000 Metric Tons (MT) of low volatile bitumi ...


Friday, 16 May 14
U.S. COAL PRODUCTION TOTALED APPROXIMATELY 18.9 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal i ...


Thursday, 15 May 14
PANAMAX : SHORT PERIOD UP TO ONE YEAR REPORTED IN THE 12.000-12.500 RANGE - FEARNRESEARCH
Handy The Supra and handy market seems to be affected by the recent holidays in Singapore which still relatively quiet. There are some Indo / ...


Thursday, 15 May 14
USA COAL CONFERENCE
Press Release: IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Coal USA Conference, June 18-20, 2014, ...


   739 740 741 742 743   
Showing 3701 to 3705 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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