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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, 07 October 16
INDONESIA'S DEMAND FOR COAL REMAINS STRONG: BP
Indonesia's domestic demand for coal shows no sign of slowing down as the country is banking on its coal abundance to meet the country' ...
Friday, 07 October 16
CEYLON SHIPPING CORPORATION HAS TAKEN DELIVERY OF COAL CARRIER MV.CEYLON PRINCESS
Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal to pow ...
Friday, 07 October 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALLED AN ESTIMATED 540.5 MMST; DOWN 21.9% Y-O-Y, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 06 October 16
SHIPS IN PACIFIC ACHIEVE JUST ABOVE $10K DAILY FOR A BRAZIL ROUND VOYAGE - FEARNLEYS
Supramax
Slower week with limited activity due to holidays in the East. Mixed feelings within different markets, with slight downturn in Pacific ...
Wednesday, 05 October 16
OPEC TO SHUT OFF MORE THAN 6 PERCENT OF ITS PRODUCTION; MIXED FEELING AMONGST TRADERS - ALLIED
OPEC recent accord to shut off more than 6 percent of its production this past week has been met with mixed feeling amongst traders. As we mo ...
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- Lanco Infratech Ltd - India
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Australian Coal Association
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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