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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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Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
Friday, 18 September 09
STANCHART TO ADVISE BAYAN ON INDONESIA COAL FINANCING
Indonesian coal miner PT Bayan Resources Tbk said on Wednesday it has appointed Standard Chartered Bank as a financial adviser for raising at least ...
Friday, 18 September 09
COKING COAL SUPPLY TO FALL 3 MILLION TONS IN CHINA ON SHUTDOWN
Bloomberg reported that, Coking coal supply in China, the largest consumer, may fall by 3 million metric tons a month after a mine accident this mon ...
Thursday, 17 September 09
FOUR LEFT IN INDIA'S MMTC COAL IMPORT TENDER-SOURCE
Reuters reported that, India's MMTC Ltd has accepted four out of five submissions for an import tender for 12.5 million tonnes of coal, with a bid ...
Thursday, 17 September 09
INDIA SEEKS COAL
IBT commodities reported that, India is on a coal buying spree. The big Asian nation is scrambling to cover an expected shortfall in domestic supply ...
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- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Planning Commission, India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- The University of Queensland
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
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