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Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks after a drought in the south cut hydropower generation and raised demand from coal-fired plants. Prices for coal with an energy value of 5,500 kilocalories per kilogram rose 0.74 percent to between 675 yuan ($99) and 685 yuan a metric ton as of today compared with a week earlier, data from the China Coal Transport & Distribution Association showed. That’s the first increase since January 11.
The months-long dry spell in southwest China has affected 61.3 million residents and 5 million hectares of crops in the area, according to Xinhua News Agency. The drop in hydropower also caused less electricity transmission from the west to the eastern regions and led to higher output from coal-fired plants along the coast, the association said in a separate report.
Coal-fired power stations may need an additional 35 million tons of the fuel to compensate for a 15 percent drop in capacity utilization of hydropower, Dave Dai, a Hong Kong-based analyst at CLSA Research Ltd., said in a report e-mailed on March 26.
China Shenhua Energy Co., the nation’s largest coal producer, led gains today among shares of Chinese producers of the fuel on expectations the drought will raise demand. Shares rose as much as 1.1 yuan or 4 percent to 29.27 yuan in Shanghai trading. China uses coal in 80 percent of its power plants.
Source: Hellenic Shipping News / Bloomberg
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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Australian Coal Association
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- The University of Queensland
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- MS Steel International - UAE
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
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