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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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Saturday, 08 September 12
INDO INDIA ROUTE FREIGHT FOR SUPRAMAX REMAINS STRONG - CAPT. REDDY
COALspot.com - The freight market overall remained weak and except for cape index all other sectors were down. The biggest drop was in the Panamax s ...
Saturday, 08 September 12
RIO TINTO COMPLETES ACQUISITION OF BHP BILLITON'S INTERESTS IN RICHARDS BAY MINERALS
Rio Tinto has doubled its holding in Richards Bay Minerals (RBM) following the completion of its acquisition of BHP Billiton’s entire inte ...
Friday, 07 September 12
HBA GAINS $ 1.56 PER MT IN SEPTEMBER
COALspot.com - The Indonesian government’s declared coal reference price has gained US$ 1.56 per MT M-o-M. This is the first gain ...
Thursday, 06 September 12
SOME ANCHORED PANAMAX VESSELS WAITING FOR CARGOS TO COME
Handy
According to Fearnleys weekly report, in the smaller segments Fearnleys sees little to no changes since last week. There are still entering s ...
Thursday, 06 September 12
DRY BULK CARRIERS STILL IN HIGH DEMAND AMONG SHIP OWNERS, BUT NEWBUILDING ACTIVITY SLIDES IN AUGUST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The slide of the dry bulk market this year hasn't abated ship owners' appetite for dry bulk carriers, as evidenced by the steady interest expresse ...
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- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Planning Commission, India
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- The University of Queensland
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Australian Coal Association
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
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