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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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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- The University of Queensland
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Australian Coal Association
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