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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, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
Thursday, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
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- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Australian Coal Association
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
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