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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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Tuesday, 12 May 20
A GLOBAL ECONOMIC RESTART HAS SLOWLY BEGUN AS COUNTRIES AROUND THE WORLD GRADUALLY - ALLIED
A global economic restart has slowly begun as countries around the world gradually set their return back to “normality”. Yet by all mea ...
Tuesday, 12 May 20
CAN INDONESIA'S COAL INDUSTRY SURVIVE COVID-19? : IEEFA
Pandemic Lockdown and Slumping Prices Put Extreme Pressure on Coal Miners
Executive Summary
While attention has been focused on th ...
Tuesday, 12 May 20
INDIA'S COAL PRODUCTION TO CLOCK RECORD 700 MILLION TONNES IN FY21: COAL SECRETARY - PTI
Coal Secretary Anil Jain said FY20 coal production was lower than the target of 660 million tonnes because of flooding of a key coal mine.
&nbs ...
Monday, 11 May 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Monday, 11 May 20
CORONAVIRUS PUTS MORE THAN A THIRD OF SEABORNE COAL SUPPLY AT RISK - WOOD MACKENZIE
The full impact of the coronavirus outbreak on the global economy is yet unclear. However, the demand destruction is already becoming evident, with ...
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- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- The University of Queensland
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Planning Commission, India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
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