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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 $107.11 a ton last week, the highest in more than two years, according to data from IHS McCloskey. Prices rose as lower-than-usual temperatures and snowstorms in Europe push up demand for the fuel.
Paris will be as cold as minus 1 degree Celsius (30 degrees Fahrenheit) today, according to information on the World Meteorological Organization’s website. That’s compared with a December mean of 3.6 to 7.8 degrees Celsius from 1971-2000. Parts of Estonia are enduring the deepest snowfalls for this month since 1965, state broadcaster Eesti Rahvusringhaeaeling reported on its website.
Source: Bloomberg / Hellenic Shipping News
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Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...
Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...
Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...
Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...
Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Australian Coal Association
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- GMR Energy Limited - India
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- The University of Queensland
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
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