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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, 20 May 09
CIL MAY URGE NEW GOVERNMENT TO HIKE COAL PRICE - STEELGURU
BL reported that soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Limited ...
Wednesday, 20 May 09
S.KOREA COAL IMPORTS IN APRIL DOWN 22 PCT Y/Y - REUTERS
South Korea's imports of heating coal in April fell 22 percent from a year earlier on bearish demand from domestic utilities, industry data showed ...
Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
The international physical steam coal market has become increasingly liquid and tradeable during the past five years.
Physical global seaborne co ...
Wednesday, 20 May 09
SHIPPING INDEX RISES TO 7-MONTH HIGH AS CHINESE DEMAND ADVANCES - BLOOMBERG
The Baltic Dry Index, a measure of shipping costs for commodities, rose to a seven-month high in London on accelerating Chinese demand for iron ore. ...
Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...
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- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- The University of Queensland
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Minerals Council of Australia
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