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, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL


Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three price indexes for coking coal. Coking coal is the fastest growing and most volatile segment of the worldwide coal industry and the indexes are the first of their kind.

"After months of discussions with coal producers, traders and buyers, we have put together a suite of price indexes for coking coal," said Forrest Hill, president of Energy Publishing. "Indexes have been used to price steam coal contracts and short-term sales and derivatives for about 10 years, but coking coal has, in the past, proved resistant to indexing."

Energy Publishing's three indexes are:
-CCQ , based on premium hard coking coal shipped from Queensland, Australia.
-CCH-LOW, based on premium low volatile coking coal shipped from United States' east coast.
-CCH-HIGH, a Type "A" high volatile coking coal, also shipped from the U.S. east coast.

"The difficulty in developing a coking coal index has been the variability of coking coal and the view that value of a given coal varies depending on where it is being used," Hill said.

Two factors have now made an index practical.

“The difficulty in developing a coking coal index has been the variability of coking coal and the view that value of a given coal varies depending on where it is being used” - Forrest Hill
 

Foremost is the interest in short-term pricing by BHP Billiton and several other large producers of coking coal. BHP Billiton has been pushing hard to convert all of its sales to short-term pricing, and the world of coal is rapidly moving in that direction. The second factor is the progress made by Energy Publishing in developing a set of specifications that define three coals generally agreed to be at the top of the market.

Trading platform that even a 5 year old can trade. Join now

Energy Publishing has unique access to data on mine-by-mine quality measures and historical prices that have made the development of a realistic and usable index a reality. Building the index was done in conjunction with Doyle Trading Consultants of New York, which helped develop the methodology.

"The negotiations now going on between the Australians and their major customers in Japan are expected to result in a significant portion of the total tonnage moving from annual to quarterly pricing," Hill said. "And, many expect prices to move to even shorter terms in the near future. Short term pricing will be difficult to administer without a reliable coking coal price index, so the publication of the new indexes comes at a critical juncture for coal markets." (PRNewswire)
Source: Commodity Online



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

Recent News

Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...


Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...


Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...


Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard  reported that, India is expected to import nearly 60 million tonnes of thermal coal this year. After coking coal and iron ...


Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...


   1175 1176 1177 1178 1179   
Showing 5881 to 5885 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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