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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, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be s ...
Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...
Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...
Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yest ...
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- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
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