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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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Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...
Wednesday, 29 August 12
SECOND HAND VESSELS IN HIGH DEMAND DESPITE SUMMER SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the slow summer season, ship owners appear to be rather keen in acquiring some modern second hand tonnage at "knock-down" prices. ...
Monday, 27 August 12
BUMI BOOKS $322.1 MILLION NET LOSS IN 1H 2012 IN SPITE OF 8.6 PERCENT INCREASE IN SALES REVENUE
PT Bumi Resources Tbk, the single largest coal producer and exporter in Indonesia announces its first half financial report for the ...
Monday, 27 August 12
OVER 200 FOREIGN COMPANIES AND ENERGY MAJORS EXPECTED AT 2ND MOGP SUMMIT IN YANGON
Singapore based CMT and Machinery & Solutions Co. Ltd (M&S) announce that the 2nd MOGP Summit will be held on 3-6 September at the Sedona ho ...
Sunday, 26 August 12
SOUTH AFRICAN COAL OVERVIEW
South Africa's indigenous energy resource base is dominated by coal.
Internationally, coal is the most widely used primary fuel, accounting for ...
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- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- The University of Queensland
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Eastern Coal Council - USA
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Australian Coal Association
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
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