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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 $107.11 a ton last week, the highest in more than two years, according to data from IHS McCloskey. Prices rose as lower-than-usual temperatures and snowstorms in Europe push up demand for the fuel.
Paris will be as cold as minus 1 degree Celsius (30 degrees Fahrenheit) today, according to information on the World Meteorological Organization’s website. That’s compared with a December mean of 3.6 to 7.8 degrees Celsius from 1971-2000. Parts of Estonia are enduring the deepest snowfalls for this month since 1965, state broadcaster Eesti Rahvusringhaeaeling reported on its website.
Source: Bloomberg / Hellenic Shipping News
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Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
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- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
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