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Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
 Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and energy firms manage price fluctuations as stricter global marine fuel rules kick in from 2020, it said.
New International Maritime Organization (IMO) regulations cutting the allowed sulfur content in shipping fuel to 0.5% from 3.5% in a bid to combat air pollution will apply from Jan. 1 next year.
The new contract aims to help the energy and shipping sectors to hedge risk in the relatively new market for 0.5% LSFO delivered marine fuels, or bunkers, the spokesman said.
“Risk management demand for delivered bunker LSFO prices has become more significant due to factors such as the uncertainty in LSFO specifications, and the disconnection between cargo and delivered prices,” said the spokesman.
The cash-settled, U.S. dollar-denominated LSFO futures contract will be for 10 tonnes of fuel oil, and will use the Argus Bunker Index (ABI) Singapore LSFO 0.5% as the settlement price, according to APEX and Argus company websites.
The Argus LSFO 0.5% index represents the price of bunker fuel delivered within 4-12 days of the trade date, for volumes between 500-3,000 tonnes, with viscosity of less than 380-centistoke (cst) and sulfur content below 0.5%.
The LSFO futures contract is APEX’s second fuel oil contract and follows the 380-cst high-sulfur fuel oil (HSFO) contracts it launched in April.
“Since the launch of the HSFO contract, we have been closely monitoring the demand and pain points of the market, and will continuously design new products and improve our services based on market’s feedback,” the spokesman said.
The new contract is expected to help users cope with the change in marine fuel regulation, he added.
Since its launch the APEX 380-cst HSFO contract has seen average daily trading volume of some 23,000 lots, representing 230,000 tonnes of fuel oil, and an average daily open interest of around 3,600 lots, or 36,000 tonnes, the spokesman said.
Source: Reuters
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Thursday, 09 January 20
SUPRAMAX: A NUMBER OF INDONESIAN ROUND TRIPS WERE REPORTED AT BELLOW USD 5,000 PD LEVELS - FEARNLEYS
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Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
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Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
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- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Australian Coal Association
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
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