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Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
 China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on the year, or flat after tax effects, sources said on Thursday.
The price increase is in line with deals signed earlier in Shandong and Henan provinces, said the sources, including an executive at one of the power producers and a power industry official, both with knowledge of the negotiations.
The tonnage contracted so far, estimated at more than 100 million tonnes, accounts for up to 20 percent of the total annual coal consumption at these companies, the sources said.
"We've signed some contracts in certain regions, but deals with most of the expected regions are still up in the air," said the power company executive.
The industry official said the top five firms might sign annual deals for 200-300 million tonnes in all.
The top five state-owned power groups -- Huaneng, Datang, Guodian, Huadian and China Power Investment -- have been in talks with coal producers since December last year to try to agree contract prices.
The absence of a deal within China and the slowdown in demand overseas helped drive Chinese imports of coal to a record high in April, the last month for which data is available.
After the Henan and Shandong deals, analysts at Nomura said they expected the price to spread to the rest of China.
"We believe the rest of the coal miners in China may take the prices they have negotiated as benchmarks to finalise coal contracts in other provinces," Nomura analysts Ivan Lee and Evan Li Nomura said in a note to clients on June 5.
They said if the trend continued, it would improve earnings forecasts for the power firms' listed units: Datang Power, China Resources Power, Huaneng Power, Huadian Power and China Power.
Last week Chinese miner Yanzhou Coal said it had struck deals for 7.84 million tonnes with an average benchmark price of 502.62 yuan per tonne, including 4.29 million tonnes for power producers at 463.86 yuan per tonne, a 4 percent increase from 2008.
The provincial deals involve local coal mines, not top Chinese miners such as Shenhua, which has insisted this year's contract price for coal with calorific value of 5,500 kcal/kg (NAR) should rise to 540 yuan a tonne, or 17 percent higher than last year.
The power firms have so far rejected Shenhua's price, citing deep losses last year due to rising coal costs and lower power demand amid the economic downturn.
Source:http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSHA8440720090611
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Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
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- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
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