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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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Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Planning Commission, India
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- The University of Queensland
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
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