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Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African coal being offered to Pakistan at US$ 85.00 / 87.00 levels.
" Due higher freight from South Africa to Pakistan, the cement mills in Pakistan are preferring now to go back to Indonesia where sea freight still at US$16/17 levels and coal price is in mid sixties ( US$65.00) fob basis and which is worked out to US$ 82 / 83 CIF Pakistan", said Mr.Muhammad Najib Balagamwala, Chairman of Seatrade Pakistan, the single largest coal importer in Pakistan.
“The demand of coal is still high despite 12 - 13 handy max vessels or about 450,000 – 600,000 MT of coal are expecting to arrive in June and we expect another 12 - 13 handy max vessels in July” added Mr. Najib.
Out of 13 vessel in June and 12 vessels in July, total 20 vessel load cargo is imported by Seatrade for their Clients in Paksitan.
The demand for coal is increasing in Pakistan as pakistan moving ahead to produce 35 million tons of cement in 2009. Hence the imports of coal is expected to touch 3,8 – 4 million ton in 2009.
Flame, an European coal trading house is supplying Bukit Asam’s coal to Pakistan. Bukit Asam’s coal loading terminal is located in Sumatra island which is having freight advantage to Pakistani buyers. In addition to lower freight from Tarahan coal terminal, Bukit Asam’s coal also containing higher calorific value which is preferred by cements mills in Pakistan.
However, chairman of Seatrade is of the view that, south African prices will come down in end June / July to reasonable levels and then south African coal price on CIF Paksitan basis, become more competitive and affordable.
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Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
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- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Minerals Council of Australia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- ASAPP Information Group - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- The University of Queensland
- Bhatia International Limited - India
- Anglo American - United Kingdom
- MS Steel International - UAE
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
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