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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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Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
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- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
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