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Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the next two years.
Export power-coal prices at Richards Bay, South Africa, a market benchmark, will average $118 a metric ton next year and $140 in 2012, Daniel Brebner, a London-based Deutsche Bank analyst, said in a report dated today. That’s up from previous estimates of $110 and $120 respectively, he said.
“Beyond winter, we expect that the thermal coal market will remain tight as strong demand from emerging markets, particularly China and India, drives record levels of imports,” Brebner said. “Supply is anticipated to be constrained in key producing regions such as China, Indonesia and Australia.”
Coal demand will outpace supply by 28 million tons in 2011 and by 30 million tons the year after, Brebner said. Richards Bay coal prices rose to $107.11 a ton last week, the highest in more than two years, according to data from IHS McCloskey. Prices rose as lower-than-usual temperatures and snowstorms in Europe push up demand for the fuel.
Paris will be as cold as minus 1 degree Celsius (30 degrees Fahrenheit) today, according to information on the World Meteorological Organization’s website. That’s compared with a December mean of 3.6 to 7.8 degrees Celsius from 1971-2000. Parts of Estonia are enduring the deepest snowfalls for this month since 1965, state broadcaster Eesti Rahvusringhaeaeling reported on its website.
Source: Bloomberg / Hellenic Shipping News
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Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
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- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Planning Commission, India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Australian Coal Association
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Central Electricity Authority - India
- London Commodity Brokers - England
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