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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, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...
Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...
Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
T ...
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- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Minerals Council of Australia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Marubeni Corporation - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
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