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, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...


Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...


Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...


Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...


Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves. T ...


   1186 1187 1188 1189 1190   
Showing 5936 to 5940 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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