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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 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- White Energy Company Limited
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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