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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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Monday, 13 January 14
INDONESIAN ORE BAN TO HAVE LIMITED IMPACT ON CHINESE ALUMINIUM PRODUCERS, FITCH RATINGS SAYS
COALspot.com: Fitch Ratings says today that Indonesia's ban on exports of unprocessed mineral ore will have limited impact on Chinese aluminium pro ...
Sunday, 12 January 14
THE FREIGHT MARKET CONTINUE TO REMAIN WEAK NEXT WEEK - SOLYM CARRIERS
Wish You A very Happy New Year
COALspot.com: The market has dropped quite a lot as expected due to holidays and probably also the effect of ban o ...
Friday, 10 January 14
DECISION ON ORE EXPORT BAN WILL BE MADE TOMORROW: INDUSTRY MINISTER, JG SAYS
Industry Minister M.S. Hidayat dismissed reports on Thursday that the government had made a decision on the matter. “We will only make a decis ...
Friday, 10 January 14
US COAL PRODUCTION UP 5.8% ON WEEK IN WEEK ENDED SATURDAY 4 JANUARY
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.8 million short tons (mmst) of coal in ...
Thursday, 09 January 14
THE INDONESIAN GOVERNMENT EASES ORE EXPORT BAN
COALspot.com: The Indonesian government has finally agreed to ease the ore-export ban just a few days before the Sunday deadline amid protests from ...
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- The University of Queensland
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Australian Coal Association
- White Energy Company Limited
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Planning Commission, India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
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