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Monday, 17 November 14
SOUTH CHINA COAL SWAP SLIGHTLY INCREASED WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 1.73 (-2.67%) month over month and US$ 0.10 (-0.16%) day on day
CFR South China Coal swap
South China Coal swaps for average Q2' 15 delivery lost US$ 2.41 per mt month on month on 14 November and closed at US$ 62.87 a ton. The swap for average Q1’ 2015 delivery lost month on month and day on day according to SGX AsiaClear OTC coal swap's reports released week ended 14 November 2014.
Average Q1’ 2015 delivery swap closed at US$ 63.17 a ton on 14 November 2014, a US$ 1.73 (-2.67%) lower from a month. Average Q4' 15 delivery swap has lost US$ 3.36 month over month and closed at US$ 63.27 per mt.
Q2' 2015 vs Q1’ 2015
API 8 CFR South China coal swap for average Q2’ 2015 delivery closed at US$ 62.87 pmt on 14 November 2014, a $ 0.30 (-0.47%) lower compared to Q1’ 2015 closing price of US$ 63.17 for the same period.
Q4' 2015 vs Q1’ 2015
API 8 CFR South China Coal swap for average Q4’ 2015 delivery closed US$ 0.10 (+0.162%) higher compared to average Q1’ 2015 delivery price of US$ 63.17 on 14 November 2014.
According to this past week's swaps trend, average Q1, Q2 & Q4 2015 coal swaps lost month over month. The next year swap trend shows a similar price level for this year and showing no significant improvement. Market analysts are in opinion that, 2015 prices can fell below this year price levels as the coal outputs are still expected at the same levels of this year. Meantime, the demand for coal is still expected to be the same level of this year or lesser.
China is also to introduce import duty of 6% for thermal coal. China’s coal demands are expected to be lower in 2015 due various reasons. There are some media reports also indicated that, China may withdrew coal export tax next year to enable the country’s coal exporters to back to export market. If it is happens, then global coal prices will face further pressure and prices can fall further down.
API 8 CFR South China Coal for Q1’ 2015 delivery swap was achieved a highest price (US$ 63.27) on 13 November 2014, and swap has experienced a lowest closing (US$ 63.17) on 10 & 11 November 2014.
The above report is subject to SGX’s and COALspot.com’s disclaimer clauses. The DSP above are reported on a best-effort basis SGX’s daily report and are not guaranteed to be accurate or error free. Readers are advised to refer to the official DSP available through the clearing members
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Tuesday, 13 January 15
MORE PITFALLS FOR OWNERS LOOKING TO TERMINATE FOR UNPAID HIRE - INCE & CO
KNOWLEDGE TO ELEVATE
It is a debatable point whether or not the obligation to pay hire under a time charter is a condition of the contract or ...
Tuesday, 13 January 15
Q2 CFR SOUTH CHINA COAL SWAP DECLINED 8.66% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery declined by US$ 3.48 (-5.73%) month over month and US$ 2.35 (-3.94%) week ...
Tuesday, 13 January 15
Q1' 2015 RICHARDS BAY COAL SWAP SLIGHTLY HIGHER THAN Q2 & Q4 2015 SWAPS
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 7.21 ...
Monday, 12 January 15
COAL: LOW PRICES ARE EXPECTED TO DRIVE A SUPPLY-DRIVEN RECOVERY IN THE MEDIUM TERM - SGX
COALspot.com: Thermal coal prices dropped to six-year lows in 2014 driven by persistent oversupply, SGX says in its “ Commodities 2014 - A ye ...
Monday, 12 January 15
FREIGHT MARKET: 2015 FLEET SUPPLY GROWTH IS EXPECTED TO REMAIN SLIGHTLY AHEAD OF CARGO GROWTH - SGX
COALspot.com: The dry bulk freight market was forced to digest a number of negatives in 2014 leading the Baltic Dry Index to fall 66% through the y ...
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- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- SMC Global Power, Philippines
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Marubeni Corporation - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- The University of Queensland
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