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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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Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...
Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
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- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
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