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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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Tuesday, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
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- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- PTC India Limited - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
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