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

Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...


Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy A  sluggish  start  to  the  week  in  the  Atlantic  with  little  fresh  busin ...


Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive  reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...


Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...


Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that,  Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...


   1184 1185 1186 1187 1188   
Showing 5926 to 5930 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 ...

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