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Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mainly used for thermal power generation and heating.
On the first day of trading, steam coal prices closed at 815 yuan ($122.13) per ton, with 709,360 tons traded at 578.16 million yuan ($86.64 million), showing enthusiasm among traders.
The new trading will be based on free market price bidding and selling, said Zhang Xionghui, research and development director of the exchange.
Unlike futures contracts, spot trading reflects the true market, as the delivery is on daily basis leaving no room for speculation, Zhang said.
Coal trading is traditionally done through negotiations between sellers and buyers, which is time-consuming, inefficient and costly, he noted.
Such a trading platform can help the buyers and sellers to obtain the coal conveniently economizing the trading cost, said Song Zhichen, energy sector analyst with Shenzhen Zhongzhe Investment Consulting.
Coal and power companies have long been at loggerheads over coal price fixing.
Coal producers demand high prices forcing power producers into a difficult situation because the government will not let them pass the rising costs off to end users.
The coal price hikes in recent years, however, have forced the government to raise electricity prices, because of the losses incurred by power producers.
When coal producers asked for a price increase of 18 percent last year, the major power companies refused to accept, leading to blackouts in many provinces last winter. The trading officials hope to provide a better reference reflecting the true market rather than a monopoly price set by large coal producers.
"We hope to set an open and fair benchmark price for the market," said Yang Kejian, a manager at the commodities exchange
Source: Global Times (By Wang Xinyuan)
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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...
Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
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Showing 5516 to 5520 news of total 6871 |
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- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
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