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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 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
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- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- VISA Power Limited - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- PTC India Limited - India
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- India Bulls Power Limited - India
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