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Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidentified Japanese utility as much as 40 percent as a recovery in economic growth in Asia spurs demand.
Zug, Switzerland-based Xstrata agreed to contract prices for the next 12 months at $98 a metric ton, it said in a statement. The figure compares with the $70-$72 a ton for the previous year, cited in the company’s annual report.
“It’s a good price,” John Meyer, an analyst at Fairfax IS in London, said by phone today. “It reflects the increasing demand for thermal coal for electrical generation around Asia. It should be directly correlated with expectations for economic growth in the region and reflects the increasing cost of coal mining in Australia.”
China’s coal imports more than doubled to 13.1 million metric tons in February, underpinned by power demand, according to customs data. The country paid about $92 a ton for coal in the month. Thermal coal prices to China on delivered terms rose to as high as $120 a metric ton in January from less than $90 a year earlier, Macquarie Group Ltd. said in a report this month.
Contract negotiations with Japanese customers will continue next week, Xstrata said in today’s statement.
Source: Bloomberg ( By: Firat Kayakiran & Simon Casey)
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Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be s ...
Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...
Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...
Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yest ...
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- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- The University of Queensland
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Planning Commission, India
- Latin American Coal - Colombia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
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