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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, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
Monday, 23 May 11
BRMS IS TO START PRODUCTION FROM DAIRI PRIMA MINERALS
COALspot.com - The Presidential Decree No. 28 Year 2011 that allows conditional underground mining in the protected forest areas was issued on 19th ...
Sunday, 22 May 11
INDONESIA - INDIA IS LIKELY TO BE STEADY NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market remained soft beginning of the week, however second half of the week was firm with BDI up by 3.29 pct and closed a ...
Saturday, 21 May 11
OWNERS PREFER TO DO INDO COAL OR NICKEL ORE TO CHINA RATHER THAN GOING TO INDIA - FEARNBULK
Handy
The Atlantic is marked by volatility and very positional, nevertheless USG,NCSA, Cont remain strong thanks to the petcoke, grains and scrap ...
Friday, 20 May 11
GOVT TOLD TO LIMIT COAL, GAS EXPORTS - THE JAKARTA POST
The Jakarta Post, a leading news paper in Indonesia, reported that, Amid soaring global oil prices, the government should limit exports of coal and ...
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- Planning Commission, India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- MS Steel International - UAE
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Central Java Power - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
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