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, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...


Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...


Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax. However it was interesting to ...


Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...


Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...


   1192 1193 1194 1195 1196   
Showing 5966 to 5970 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 ...

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