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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, 24 April 15
CHINA IRON ORE MINE CLOSURES TO SLOW ON GOVERNMENT SUPPORT - FITCH
Fitch Ratings expects fewer Chinese iron ore mine closures in 2015 as the government takes steps to support the industry, which has been struggling ...
Friday, 24 April 15
IS INDIA THE 'NEW CHINA' WHEN IT COMES TO THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been feeling the “heat” of China’s slowdown and together with the industry’s own failings, with ove ...
Friday, 24 April 15
GLOBAL STEEL PRODUCTION OUTSIDE OF CHINA CONTINUES TO FARE VERY POORLY - JEFFREY LANDSBERG
COALspot.com: Data released this week showed that global crude steel production totaled approximately 138.05 million tons in March.
Wha ...
Friday, 24 April 15
WEEKLY U.S. COAL PRODUCTION ESTIMATE FALLS 5.7% FROM LAST WEEK
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.0 million short ...
Wednesday, 22 April 15
PANAMAX : ATLANTIC HOLDING ON TO THE GAINS OF THE PREVIOUS WEEK; PACIFIC BUSINESS SLID QUIETLY
COALspot.com: The Dry Bulk market managed to close off the week on a positive note last Friday, while as opposed to what we have been used to, it w ...
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- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- PTC India Limited - India
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- ASAPP Information Group - India
- Planning Commission, India
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