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Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quarter.
The Rotterdam quotation (spot) for steam coal declined from 112 euro / TCE in 2008 to 56 euro / TCE and halved. There with the difference between the German production costs and the world market prices totalled to around 100-120 / TCE again.
Also the prices for CO2 certificates halved in comparison to 2008 and amounted on average at about 14 euro / ton CO2. The market for CO2 certificates is very liquid and the expected weak economic development for the years 2009 and 2010 might cause to a sufficient supply.
The international freight rates sank heavily in the comparable time span, too. The freight rates (capesize spot, route Richards Bay - ARA) decreased from US$ 47 / ton in 2Q 2008 to averaged US$ 14 / ton in 2Q 2009.
In quarterly comparison the German hard coal imports were downward by 16% (2Q 2008 / 2Q 2009).
Coke imports were stable whereas coking coal imports decreased by 37% and steam coal imports by 13%. Altogether 8.3 million ton of hard coal were imported in 2Q 2009. The biggest quantities delivered came from Colombia, Russia and South Africa.
As hard coal at first is an industrial energy, the supply suffered in particular from the general weak industrial demand for electricity and from the steel crisis - Reported by Verein der Kohlenimporteure e.V.
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Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
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- Wilmar Investment Holdings
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Planning Commission, India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
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