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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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Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
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- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Parliament of New Zealand
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Australian Coal Association
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
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