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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, 08 May 15
COAL PRODUCTION IN U.S. UP 3.2% THIS PAST WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.4 million short ...
Wednesday, 06 May 15
COMBINATION OF HOLIDAYS AND A SHAKY MARKET PUT ADDITIONAL PRESSURE ON RATES
COALspot.com: The combination of holidays and a shaky market is always a recipe for additional pressure on rates and last week was no exception. Wi ...
Wednesday, 06 May 15
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
The first four months of 2015 are now behind us and they make up for a decent amount of time to look back and assess how the year is evolving so fa ...
Tuesday, 05 May 15
MIFA BERSAUDARA UNIT OF ABM INVESTAMA STARTS OPERATING $200M COAL MINE IN ACEH
Reswara Minergi Hartama, a coal mining unit of coal miner ABM Investama known as known as Reswara, inaugurated a $200 million integrated coal minin ...
Tuesday, 05 May 15
FREIGHT DERIVATIVE VOLUMES REACHED TOTALED 14,154 CONTRACTS IN APRIL - SGX
COALspot.com: “Our unique suite of freight and bulk commodity products provides market participants with a wide range of trading strategies a ...
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- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Minerals Council of Australia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- The University of Queensland
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
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