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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 $107.11 a ton last week, the highest in more than two years, according to data from IHS McCloskey. Prices rose as lower-than-usual temperatures and snowstorms in Europe push up demand for the fuel.
Paris will be as cold as minus 1 degree Celsius (30 degrees Fahrenheit) today, according to information on the World Meteorological Organization’s website. That’s compared with a December mean of 3.6 to 7.8 degrees Celsius from 1971-2000. Parts of Estonia are enduring the deepest snowfalls for this month since 1965, state broadcaster Eesti Rahvusringhaeaeling reported on its website.
Source: Bloomberg / Hellenic Shipping News
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Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
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- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
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