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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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Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
...
Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
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- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- PTC India Limited - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
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