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

Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...


Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...


Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...


Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...


Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...


   1190 1191 1192 1193 1194   
Showing 5956 to 5960 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 ...

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