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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 $39.5 a tonne, FOB barge from East Kalimantan, but there were no details of buyers.
"Inquiries are now starting to come in, because of a rise in prices," said another Indonesian trader.
In the domestic market, demand remained slow as power plants still have abundant supplies, of more than a month, traders said, adding power plants may be back to the market in the third quarter to secure stockpiles ahead of the rainy season.
Source: http://www.iii.co.uk/news/?type=afxnews&articleid=7354705&subject=companies&action=article
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Monday, 20 July 09
CHINA COAL PRODUCES 52.7 MLN TONNES OF COAL IN 1H, UP 5.4 PCT
China Mining reported that, China Coal Energy Co., the country's second largest coal producer, said Saturday that it produced 52.67 million tonnes ...
Monday, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...
Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...
Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...
Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.
The BDI was up by 557 which is an increase of 18 ...
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- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
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