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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, 19 November 09
THE GOVERNMENT TO GUARANTEE COAL SUPPLIES FOR POWER PLANTS
The government guarantees coal supplies for power plants under a 10,000 MW-capacity power plant construction acceleration program.
Minister of En ...
Thursday, 19 November 09
FAST-TRACK FOCUS ON COAL POWER MAY COST INDONESIA BILLIONS
The Jakartaglobe reported that, As it begins to tap its massive coal reserves to generate cheap electricity, Indonesia may face additional costs of ...
Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , ...
Wednesday, 18 November 09
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT
“Building Asia’s Infrastructure”
COALspot.com (Indonesia) Press Release: Infrastructure Asia 2010 is Asia’s premier infra ...
Wednesday, 18 November 09
AMBUJA COAL TENDER PRICES EQUATE TO $61.50/T FOB
Reuters reported that, coal prices achieved by Indian cement maker Gujarat Ambuja in its early November tender equate to $61.50 a tonne FOB Richards ...
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- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- The University of Queensland
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
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