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Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fresh tenders for Indonesian and South African coal for delivery from September, Indian traders said.
"They are all coming back to the market now. Coal prices have been very stable and buyers can see there's unlikely to be much volatility in the next few months, maybe $5.00-$10.00 maximum so they are keen to secure tonnage," said an Indian trader who is one of the country's largest importers.
India needs to import up to 70 million tonnes of coal in 2009 to bridge the gap between domestic output and demand. The bulk will be low-grade Indonesian material but up to 20 million tonnes will come from South Africa, and a smaller portion from Australia and Russia.
India's booming demand for South African coal for use in cement and sponge iron production has been by far the biggest price-supporting factor for FOB Richards Bay prices.
South African coal prices have hovered at around $60.00-$65.00 a tonne FOB Richards Bay for over two months.
Freight rates have risen sharply over the course of the year but Indian end-users are resigned to having to pay $80.00-$90.00 a tonne CIF for coal, traders said.
TENDERS ISSUED THIS WEEK
* Ultratech, one of India's largest cement makers, for 500,000 tonnes of South African coal for September-December delivery. Ultratech will negotiate final prices next week.
* State utility Kolkata Electric for 150,000 tonnes of Indonesian coal. This is a private tender issued to qualified participants run directly by the utility rather than state coal buyers such as MMTC or NTPC.
* Gujarat Narmada Valley Fertilizers Ltd (GNFC) is seeking 130,000 tonnes of coal with an extra optional 130,000 tonnes all for delivery in the balance of 2009.
* MMTC's tender in June for 12.5 million tonnes of coal will be re-issued any day now with fresh contract terms approved by the Ministry of Commerce. The 12.5 million tonnes is expected to be split among several suppliers with less onerous performance bond conditions than in the original tender.
Source: Reuters
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Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...
Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...
Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...
Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
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- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Planning Commission, India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- The University of Queensland
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Commonwealth Bank - Australia
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