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Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal because of higher demand from India and China, the second-largest energy-consuming nation.
Merrill raised its projection for the benchmark coal burned by Japanese utilities in the year ending March 31, 2011, to $85 a metric ton from $80, analysts wrote in a note to clients dated yesterday. Goldman Sachs JBWere Pty. last month increased its forecast to $80 from $75 for the same period.
“Surprise strong buying by utilities in India and China” is driving thermal coal demand, Merrill analysts led by Sydney- based Stuart Howe said in the note. Prices at Australia’s Newcastle port, an Asian benchmark, have climbed 27 percent since the end of March and were at $76.58 a ton in the week ended July 31, according to the globalCOAL NEWC Index.
Power-station coal prices at Newcastle are rising on expectations that China will import more of the fuel, emerging demand growth in India, and improved economic conditions as credit markets recover, Merrill said.
Australian and Indonesian coal output have the biggest influence over the trade supply outlook, Merrill said. Rising production costs, declining exploration and development success, and rain in Indonesia suggest “supply growth is now limited,” Merrill said.
Source: Bloomberg
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Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...
Tuesday, 11 August 09
ZAMBIAN COAL BUYERS CONTINUE IMPORTING COAL FROM ZIMBABWE
Lusaka Times reported that, Coal mining companies have bemoaned the lack of market for their produce as prospective buyers continue importing the co ...
Monday, 10 August 09
NOMINAL HIKE IN COAL PRICES SOON - MEDIA
The hindu business reported that, a marginal hike in coal prices is in the offing. "I will be soon approaching the Prime Minister on the matter ...
Monday, 10 August 09
MANGALAM CEMENT PLACES ORDER FOR CAPTIVE POWER PLANT
Steel Guru reported that, Mangalam Cement Ltd has announced that the company on August 6th 2009 finalized order for Captive Thermal Power Plant of 1 ...
Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same p ...
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- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
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