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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, 27 February 09
WIKA TO ACQUIRE MINING COMPANY
The Jakarta Post reported that, Public listed state construction firm PT Wijaya Karya (Wika) is to acquire a mining contracting firm in the first se ...
Friday, 27 February 09
COASTAL ENERGEN INKS PACT WITH CHINESE FIRM FOR POWER EQUIPMENT
My Digital Fc reported that, Dubai-based Coal and Oil Group, which is setting up a 1,200MW thermal power plant in Tamil Nadu, has tied-up with China ...
Thursday, 26 February 09
GMR INFRA COMPLETES INDONESIAN BUY
Blonnet reported that, GMR Infrastructure Ltd today confirmed the acquisition of an Indonesian coal mining company for a consideration of $80 millio ...
Wednesday, 25 February 09
INDONESIAN GOVERNMENT TO REGULATE MINIMUM COAL SELLING PRICES
The Jakarta Post reported that, To complement the recent enactment of the new mining law, the government is preparing to introduce a coal pricing in ...
Thursday, 19 February 09
GEOTHERMAL ENERGY DOMINATES 10.000 MW POWER PROJECT - ESDM
The role of coal as a source of energy is superseded by geothermal energy to power the second phase of the 10.000 megawatt (MW) power plant project. ...
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- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Australian Coal Association
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
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