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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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Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targete ...
Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
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- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Economic Council, Georgia
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- The University of Queensland
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- ASAPP Information Group - India
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
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