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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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- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- White Energy Company Limited
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- MS Steel International - UAE
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Planning Commission, India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
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