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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delivery between April 2010 and March 2011.
Industry eyebrows have been raised with the five utilities who combined own a 5% stake in the NSW Moolarben Mine securing the deal at USD 92.60 per tonne a significant gap between the physical and index prices of Australian coal.
Energy Publishing’s NEX Index for Newcastle spot coal was USD 103.15 per tonne FOB as at May 13th 2010. In April, long term thermal coal contracts for the Japanese fiscal year April 1st 2010 to March 31st 2011 were settled at USD 98 per tonne.
Late last month, Australia’s thermal coal hit an 18 month high of USD 108 per tonne while under a recent term deal, one Australian producer agreed to supply up to 2 million tonnes of coal at low USD 90s to a Korean utility. The Moolarben mine is owned by Felix Resources and located 40 kilometres north east of Mudgee in the Western Coalfields of New South Wales.
Source: Steel Guru / Energy Publishing
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Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
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- The Treasury - Australian Government
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- Neyveli Lignite Corporation Ltd, - India
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- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
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- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- Petron Corporation, Philippines
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- Standard Chartered Bank - UAE
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- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Australian Coal Association
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- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
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- Minerals Council of Australia
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- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
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- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
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- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- The University of Queensland
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- Larsen & Toubro Limited - India
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- White Energy Company Limited
- Heidelberg Cement - Germany
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- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
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- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
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- IHS Mccloskey Coal Group - USA
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- Wood Mackenzie - Singapore
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- Indonesian Coal Mining Association
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- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
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- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Planning Commission, India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- PTC India Limited - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
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