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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, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Planning Commission, India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- PTC India Limited - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- CNBM International Corporation - China
- The University of Queensland
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
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