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Monday, 01 August 16
4200 GAR INDONESIAN COAL PRICE MAY TOUCH $ 32/33 A TON LEVELS SOON
 COALspot.com: Indonesian coal prices are likely surge further in 2016 as the recent price movement in Indonesian coal markets suggests that the market has overcome the bearish trend which disturbed the industry for a very long period.
China’s tight coal production policy has supported current coal price rally, says one of the largest Indonesian coal producer.
According to the coal miner, the last several months China succeeds to cut significant production volume and also limit to 276 working days for coal mines. The restrictions and new regulations on coal mines and its production in China has pushed up the coal prices.
The miner further noted that, the current high calorific value coal prices have increased significantly from its bottom levels that we have seen so far this year.
A coal trader who is based in Singapore says, he expects the price of 4200 GAR coal of Indonesian origin will be soon touched US$ 32/33 per ton levels and the market should not be surprised if the price of 4200 GAR hits US$ 35 per ton by end of this year or Q1 next year.
Commenting on 5000 GAR coal, the trader said the max upside we might see is US$ 2 to 3 dollars increase from the current levels. Low calorific value coal prices follow slowly but firmly.
In the meantime, an officer from another leading coal producer in Indonesia agreed that, the low grade coal prices rallying because of the recent renewed buying demand from Chinese utilities, According to him, we can discussed many reasons for the price rally such as winter demand, port limitations in Russia, recent freight trend, Australia weather, SA port, but the main reason is still China is importing huge quantity of the lower CV grade coal. As usual in recent years, the Chinese buyers are still deciding the market direction.
He further noted, we will see price to strengthen further for a while until September and likely will remain until end of this year, unless the China reduce its control on tight production policy and change its buying pattern.
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Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
Monday, 19 September 16
AFTER YEARS OF COMA, COAL BECOMES THE MOST ATTRACTIVE COMMODITY RIGHT NOW
COALspot.com: China boosted coal imports in recent months. The Chinese government’s drive to cut over capacity pushed up the demand for therm ...
Monday, 19 September 16
THE CAPE INDEX WAS UP 7.28% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined and ending in a slightly negative note this past ...
Friday, 16 September 16
GLOBAL SHIPBUILDING: THE CHALLENGE TO REMAIN 'ACTIVE' - CHRISTOPHER PEARCE, CLARKSONS
The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of ...
Friday, 16 September 16
U.S. WEEKLY COAL OUTPUT DECLINED 6.2% TO 15.1 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.1 million short ton ...
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- Medco Energi Mining Internasional
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- Electricity Authority, New Zealand
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- Electricity Generating Authority of Thailand
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- Independent Power Producers Association of India
- Trasteel International SA, Italy
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- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
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- Indika Energy - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- Marubeni Corporation - India
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- Minerals Council of Australia
- SMC Global Power, Philippines
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- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Petron Corporation, Philippines
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- Ministry of Transport, Egypt
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- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Australian Coal Association
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- Power Finance Corporation Ltd., India
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- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
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- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
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- Thai Mozambique Logistica
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- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
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- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
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- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- London Commodity Brokers - England
- PTC India Limited - India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
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- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
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- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
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- The University of Queensland
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- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
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- TeaM Sual Corporation - Philippines
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- Parliament of New Zealand
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- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
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