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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, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
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- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Australian Coal Association
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
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