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Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply constraints, UBS AG said.
UBS has raised its 2010 forecast for the benchmark coal grade burned by Japanese utilities to $90 a metric ton from $80 a ton in 2010, analysts from the bank wrote in a report dated yesterday. Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, climbed 6.5 percent to $73.13 a ton in the week ended July 3, according to the globalCOAL NEWC Index.
Bottlenecks at Australian ports, heavy rain in Indonesia and increased imports by China constrained supplies of the fuel to Asian customers in 2007 and drove up prices. Market conditions are expected to tighten starting in the fourth quarter of this year and peak in 2011, UBS said.
“We are once again experiencing an increasingly tighter coal market with a theme developing similar to 2007,” UBS analysts led by Jakarta-based Andreas Bokkenheuser said in the note. China, the biggest producer and consumer of coal, burns the fuel to generate about 80 percent of its electricity.
Power use is increasing in China, as light industries step up production, after heavy industrial growth recovered in June, the UBS analysts said. Australian and Indonesian supply growth remains low and mining shutdowns in China’s Shanxi province have added to regional supply constraints, UBS said.
Price estimates for 2011 to 2013 have been reduced to factor in a possible supply response as coal producers address shortages, the analysts said.
Source: Bloomberg
(http://www.bloomberg.com/apps/news?pid=20601081&sid=aYezGDx3lDu4)
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Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...
Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
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- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
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