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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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Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...
Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...
Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...
Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...
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- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
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