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Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN


Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal for its Jerada plant in the north of the country, well in advance of the early September bid deadline.

ONE requires three 38,000 mt shipments for delivery in November and December 2009 and January 2010 on a CIF Nador basis. Bids are due by September 2. Sources said that while the Jerada plant can usually take mid-volatile South African or Russian coal, the current high spot price of Richards Bay FOB material at over $60/mt would more than likely give suppliers of Russian coal the advantage in the tender.



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Recent News

Tuesday, 21 July 09
FIRST QUARTER COAL MARKET AND EURACOAL'S OUTLOOK FOR THE FUTURE
Euracoal reports that for the first time in many years, the world market for hard coal fell by some 8 % during the first quarter 2009. This latest E ...


Monday, 20 July 09
CHINAS COAL DEMAND, OUTPUT TO PICK UP IN H2 - GROUP 2
Financial24 reported that, China's coal demand is expected to gradually pick up in the second half of the year, and coal output will likely grow fa ...


Monday, 20 July 09
ADANI POWER LAUNCHES IPO, AIMS HIGHER CAPACITY
Economic Times reported that, Adani Power Ltd, a power project development company, promoted by Adani Enterprise went for an initial public offering ...


Monday, 20 July 09
BANPU'S SECOND-HALF PROFIT MAY DROP ON COAL PRICES
Bloomberg Reported that, Banpu Pcl, Thailand’s biggest coal producer, expects profit to decline in the second half from the first six months a ...


Monday, 20 July 09
CHINA COAL PRODUCES 52.7 MLN TONNES OF COAL IN 1H, UP 5.4 PCT
China Mining reported that, China Coal Energy Co., the country's second largest coal producer, said Saturday that it produced 52.67 million tonnes ...


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