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Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
 Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, rose for a second week on Indian buying and as rising domestic need potentially curbed supply.
Export prices at the port gained 60 cents, or 1 percent, to an average of $61.40 a metric ton in the week ended Oct. 2, according to McCloskey Group Ltd. They are 54 percent down for the past 12 months on weaker European power demand as companies cut jobs and output because of a recession. Demand may revive after Germany and France returned to growth. Europe gets more coal from South Africa than any other single source.
“Indians are still willing to buy,” Manqoba Madinane, an analyst at Standard Bank Group Ltd. in Johannesburg, said by phone. “There is also a sense of increased demand within the country, so I would suggest there’s probably less to export.”
South Africa’s electricity demand has returned to a level last seen before the recession, Business Report said today, citing Andrew Etzinger, spokesman for Eskom Holdings Ltd., the state-owned power utility. India, facing a coal shortfall, may increase imports to 60 million tons in the year ending March compared with 57 million tons a year earlier, N.C. Jha, a director at Coal India Ltd., told reporters in New Delhi today.
RBS Global Banking & Markets raised forecasts last week for thermal coal to generate power and coking coal to make steel, citing higher-than-expected production costs.
Thermal Coal
Thermal coal will sell for $75 a ton in the year ending March 31, 2011, up from a previous $70 estimate, Warren Edney, an analyst in Sydney, wrote in a report dated Oct. 1. Coking coal will sell at $150 in the period, 15 percent more than the earlier forecast, he said.
Richards Bay exported 5.59 million tons of coal in August, 5.9 percent more than a year earlier, the terminal said in an e- mailed response to questions on Sept. 3. At its current shipment rate, it will export 58.5 million tons of coal in 2009, compared with capacity of 76 million tons and shipments of 61.79 million tons last year.
The terminal is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc.
Power-station coal prices at the Australian port of Newcastle, a benchmark for Asia, rose 0.2 percent to $69.85 a ton in the week to Oct. 2, according to the globalCOAL NEWC Index. While Richards Bay is the world’s biggest coal-export terminal, Newcastle ships more of the fuel from two terminals.
Source: Bloomberg
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Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
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- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
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- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
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