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Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over $72 a tonne on higher oil prices and expectations that a recovery in global economy would spur demand.
Thermal coal prices in the globalCOAL Newcastle index rose $6.48 from the previous week to $72.79 a tonne, the highest since Feb. 24 when it stood at $73.38 a tonne. "There is some direction now with the gain in oil prices. Also, there is positive sentiment about the global economy that pulling up prices," a regional trader said.
Crude oil steadied at $66 a barrel on Thursday after hitting nearly seven-month high of $69.05 a tonne on Tuesday on expectations of an economic recovery.
Strong demand from China and India is also expected to spur recovery in global coal in the second half of this year, industry participants said at a recent industry gathering.
There were no physical trades registered on globalCOAL.
INDONESIA COAL
Chinese buyers were still scouting for Indonesia coal. One handimax of 6,300 kcal/kg air-dried basis (ADB), FOB mother vessel, has been sold to a Chinese buyer at $55 a tonne for delivery in July.
"The price was still a bit low because it was settled in April. We still see a lot of inquiries from China. Now, everybody suddenly wants to trade with China," said an Indonesian trader.
Indonesian coal prices are likely to go up to around $60 in coming weeks in line with a recovery in global coal prices, the trader said.
About 11,000 tonnes of Indonesian sub-bituminous coal of 5,600 kcal/kg ADB were traded at $39.5 a tonne, FOB barge from East Kalimantan, but there were no details of buyers.
"Inquiries are now starting to come in, because of a rise in prices," said another Indonesian trader.
In the domestic market, demand remained slow as power plants still have abundant supplies, of more than a month, traders said, adding power plants may be back to the market in the third quarter to secure stockpiles ahead of the rainy season.
Source: http://www.iii.co.uk/news/?type=afxnews&articleid=7354705&subject=companies&action=article
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Wednesday, 05 October 11
WITH CHINA ON HOLIDAY, DRY BULK MARKET REMAINS STAGNANT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has remained to healthy levels after last month’s rally, but with China going on holiday this week, things are looking sta ...
Tuesday, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June.
The Ministry of ...
Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...
Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...
Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...
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- ASAPP Information Group - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- VISA Power Limited - India
- Planning Commission, India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
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