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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.
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“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
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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.
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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
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Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
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Showing 6026 to 6030 news of total 6871 |
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- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- ICICI Bank Limited - India
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
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