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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 $39.5 a tonne, FOB barge from East Kalimantan, but there were no details of buyers.
"Inquiries are now starting to come in, because of a rise in prices," said another Indonesian trader.
In the domestic market, demand remained slow as power plants still have abundant supplies, of more than a month, traders said, adding power plants may be back to the market in the third quarter to secure stockpiles ahead of the rainy season.
Source: http://www.iii.co.uk/news/?type=afxnews&articleid=7354705&subject=companies&action=article
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Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...
Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 289,674,610)
The firm plans to place orders for equipment by the end of October and commission both the plants by April 2012 to sell power in the open market
...
Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawi ...
Tuesday, 22 September 09
QINHUANGDAO COAL PRICES SURGE ON STRONG DEMAND
People's Daily Online reported that, Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest increase in the year last ...
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- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Australian Coal Association
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Planning Commission, India
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- ASAPP Information Group - India
- Coal and Oil Company - UAE
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