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Tuesday, 09 July 13
COAL PRICE REMAINS SLUGGISH - TRIMEGAH
COALspot.com - Newcastle coal price has reached US$ 76.30/ton (-15.9% YTD), bringing YTD’13 average to stand at US$ 87.90/ton, 6.80% lower than 2012 average of US$ 94.30/ton, Trimegah Securities said in a note on Tuesday.
According to Trimegah, slowing coal demand growth in China, insignificant demand improvement from the Europe, US dollar appreciation and weak coal demand in the U.S. which drives producers to flood global market with coal supply, had driven coal price to reach its lowest level since Nov’09.
Thus, we revise down our 2013 benchmark coal price assumption to USD80/ton (from USD95/ton), in 2014, we expect coal price to increase to US$ 85/ton as we expect global demand would slightly improve on expectation of natural gas price increase in the U.S. (from current level of US$ 3.62/mmbtu), resulting in increasing coal demand in the country.
Trimegah Securities also revised down the benchmark coal price for 2014 and 2015. Trimegah believes that, the coal price improvement would not be more than US$ 5/ mt per annum at least until 2015 due to low demand.
- 2013 US$/ton 80.00 from its previous forecast of US$ 95.00/ton
- 2014 US$/ton 85.00 from its previous forecast of US$ 100.00/ton
- 2015 US$/ton 90.00 from its previous forecast of US$ 105.00/ton
Trimegah Securities also slashed its target price on shares of an Indonesian coal miner on expectations of lower earnings and weak coal prices.
About Trimegah Securities
Established in May 1990, now Trimegah Securities is more than just one of the largest and fully integrated securities companies in Indonesia. It is admittedly one of the most trusted securities companies in Indonesia.
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Monday, 15 July 13
INDO COAL SWAPS ARE STRUGGLING FOR RIGHT DIRECTION
COALspot.com – Indo coal swaps are struggling to find the right direction. Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 d ...
Friday, 12 July 13
U.S. PRODUCED 18.40 MMST COAL WEEK ENDED 6 JULY 2013
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.40 million short tons (mmst) of ...
Thursday, 11 July 13
PANAMAX: PACIFIC ROUND PAY AROUND $6,500/D; ATLANTIC ROUND VOYAGE PAY AROUND US$ 10,000/D - FEARNLEYS AS
Handy
The Feast market is quiet, July date cargoes remain unfixed as there is a gap between what owners aiming and charterers willing to pay. There ...
Wednesday, 10 July 13
DRY BULK MARKET IS STILL STRUGGLING TO SURVIVE - INTERMODAL
COALspot.com : With the first half of the year now behind us and, as expected, most shipping segments in the dry bulk market are struggling to survi ...
Tuesday, 09 July 13
NEWCASTLE COAL EXPORTS JUMP 27.53% ON WEEK TO 2.97 MILLION MT
COALspot.com - Newcastle Coal exports up 27.53% to 2.97 million tons W-o-W.
Newcastle port in Australia has loaded 2,974,715 tons of coal for the ...
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Showing 4211 to 4215 news of total 6871 |
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- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Australian Coal Association
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- The University of Queensland
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
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