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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, 16 July 09
NTPC TO ENGAGE BANKERS TO ACQUIRE OVERSEAS COAL MINES
The Hindu reported that, State-run power generation company NTPC said it would appoint merchant bankers next month for acquiring coal mines identifi ...
Thursday, 16 July 09
JAPAN'S J - POWER STARTS OPS AT NEW 600 MW COAL UNIT
Reuters, a worlds leading news agency reported that, Electric Power Development Co (J-Power) said on Thursday it started commercial operations at it ...
Thursday, 16 July 09
DELIVERY OF COAL MINE EXPLORATION THROUGH NEWCASTLE PORT ROSE 11 PERCENT
July 16th, 2009 Newcastle is a port in Australia that provides services in the delivery of coal from Australia to other countries. Newcastle port ha ...
Thursday, 16 July 09
CIL KEEN ON JOINT VENTURES
* Targets to raise production by 10 m tonnes by 2012
* Plans to tap reserves of abandoned mines
The Hindu, an Indian news paper reported that, t ...
Wednesday, 15 July 09
COAL INDIA INVITES EOI FOR COAL MINING IN FOREIGN COUNTRIES
Economict Tmes reported that, Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic ...
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- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Australian Coal Association
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- The University of Queensland
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
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