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Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawing back some of the month's earlier losses, amid increased buying.
Industry sources said traders have resurfaced after prices dropped to their weakest level in 3-½ months, and the buyers were likely hoping that the cargoes could be resold at a higher price in the coming months amid stronger winter demand and tight Australian supplies.
Thermal coal prices on the globalCOAL Newcastle weekly index, a benchmark for Asia, rose $3.30 last week to $70.18 a tonne on Tuesday, based on FOB prices at Australia's Newcastle port.
"Traders are hoping some utilities would be caught short over the coming winter months. Supplies could be tight then since most Australian producers have also sold out their coal for the fourth quarter and Indonesia typically enters the rainy season," said an Australia-based trader.
Three parcels of Australian coal for December delivery were traded at between $71.75-$72.25 a tonne FOB last week on electronic platform globalCOAL, while two more parcels for November delivery were traded at $69 and $70 a tonne each on Monday.
Analysts said Asian prices were also being supported by firm thermal coal prices in China, which would encourage Chinese utilities to seek cheaper supplies overseas.
"China domestic coal prices have held up around $85 per tonne for the past three months, suggesting lower prices are unsustainable for local suppliers and have encouraged imports," the Australia & New Zealand Bank said in a note.
China's coal imports fell to 11.774 million tonnes in August, down 15 percent from 13.887 million tonnes in July, the General Administration of Customs said on Tuesday.
Source: Reuters
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Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...
Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 289,674,610)
The firm plans to place orders for equipment by the end of October and commission both the plants by April 2012 to sell power in the open market
...
Tuesday, 22 September 09
QINHUANGDAO COAL PRICES SURGE ON STRONG DEMAND
People's Daily Online reported that, Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest increase in the year last ...
Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change ...
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- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
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