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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, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...
Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indones ...
Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...
Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...
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- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Economic Council, Georgia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Australian Coal Association
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- The University of Queensland
- ASAPP Information Group - India
- Central Java Power - Indonesia
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