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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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Sunday, 07 September 14
FREIGHT MARKET CONTINUED TO BE FIRM IN SPITE OF CAPE'S THIS WEEK'S WEAK PERFORMANCE
COALspot.com: BDI up by 0.7 pct week on week and closed at 1155 points this week. The Baltic Dry Index is a composite of three sub-indexes that mea ...
Sunday, 07 September 14
SHIPMANAGERS SUPERVISION CONTRACT FOR NEWBUILDS - BIMCO
Shipmanagers are frequently called upon by their owner clients to supervise newbuilding projects on their behalf. The scope of the manager’s ...
Saturday, 06 September 14
SLOW COAL EXPORT REGISTRATION RAISES CONCERNS - THE JAKARTA POST
Several coal mining companies have yet to receive the go-ahead from the Energy and Mineral Resources Ministry to obtain exporting licenses, leading ...
Saturday, 06 September 14
DRY BULK MARKET'S PROSPECTS ARE IMPROVING, DESPITE WEAK SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been rebounding during the past month, with the Baltic Dry Index (BDI) ended the week on a high note, reaching 1,155 points ...
Saturday, 06 September 14
INDONESIA WANTS TO REGULATE COAL DEALS - THE TELEGRAPH INDIA
Indonesia has raised concerns about suspected coal deals struck between overseas buyers and its unregistered domestic miners, the telegraph India r ...
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- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Central Electricity Authority - India
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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