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Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME
COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successfully launched a global Coking Coal desk.
According to ICAP's website, Coking Coal derivatives have grown in significance due to a greater need for price risk management in a highly volatile physical Coking Coal industry. Physical players have migrated away from longer term fixed price contract terms in favour of a more spot based index linked contract.
Reinforcing ICAP Energy’s reputation as an innovator in the development of the global commodities market, Coking Coal now forms part of an established global product suite to include: Thermal Coal, Iron Ore, Oils, Gas, Power, Metals, Alternative Fuels, Emissions, Softs & Agricultural Products and Freight Forward Agreements.
ICAP Energy completed its first Coking Coal trade between a European-based bank and an international trading company based in Singapore. The contract was cleared via the CME. Since its launch on 6 August 2014, ICAP Energy has executed a number of trades to position itself as a leading player in the Coking Coal market. ICAP Energy expects a considerable increase in volumes over the coming months as the number of trading participants grow.
“The launch of our global Coking Coal business underpins ICAP’s interest in ensuring the development and growth of the global commodities markets while identifying and creating trading opportunities for our customers” said George Dranganoudis, Managing Director – ICAP Energy Asia Pacific. “The CME-cleared Coking Coal contract adds much-needed transparency for participants in the steel complex. Traders now benefit from a transparent free on-board (FOB) Australia price as well as greater certainty for CFR China buyers who are able to identify relative value netback prices from the world’s leading Coking Coal exporting country.”
ICAP Energy was named “Broker of the Year” in 2013 by Energy Risk magazine in a poll of over 1,500 market participants.
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Monday, 25 August 14
API 8 CFR SOUTH CHINA COAL SWAP GAINED DAY OVER DAY AND MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in September 2014 increased US$ 0.30 (+0.44%) day on day and decreased US$ 0.20 (- ...
Sunday, 24 August 14
SEA FREIGHT MARKETS STARTING TO LOOK POSITIVE; CAPES DRIVE FREIGHTS HIGHER
COALspot.com: The freight market has strengthen further this week with BDI up 7.19 pct week on week. The BDI was closed at 1,088 points while the B ...
Friday, 22 August 14
INDIAN IRON ORE ROYALTY RISE NOT LIKELY TO HURT STEELMAKERS' MARGINS - FITCH
Fitch Ratings does not expect an increase in India's iron ore royalty rates to have a major impact on the profitability of steel producers in t ...
Friday, 22 August 14
ARBITRATION CLAUSE IN LOU HELD TO REPLACE CHARTERPARTY ARBITRATION CLAUSE
KNOWLEDGE TO ELEVATE
The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was th ...
Friday, 22 August 14
U.S WEEKLY COAL PRODUCTION UP 2.4% WEEK OVER WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.60 million short tons (mmst) of coal in ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- The University of Queensland
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- White Energy Company Limited
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Economic Council, Georgia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Parliament of New Zealand
- Planning Commission, India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
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