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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, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...
Tuesday, 19 April 11
TNPL TO CONDUCT E-AUCTION TO SECURE 160,000 MT OF COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL) a state utility of Tamil Nadu, India to conduct reverse auction on 20 April 2011, betw ...
Tuesday, 19 April 11
ADARO TO ALLOT US$100 MIO FOR COKING COAL - INSIDER STORIES
One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) plans to spend US$100 million in coking coal project dubbed IndoMet Coal, a joint ...
Tuesday, 19 April 11
KPCL TO OPEN PRICE BID ON 23 APRIL 2011 TO FINALIZE ITS ONE MILLION MT COAL SUPPLIER
COALspot.com - Karnataka Power Corporation (KPCL) a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 ...
Monday, 18 April 11
INDONESIA HAS SET THE APRIL 2011 COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.02 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price for thermal coal at ...
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- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- MS Steel International - UAE
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- The University of Queensland
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Economic Council, Georgia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
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