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Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.
The week was “very quiet,” Andrew Wells, an assistant editor at Petersfield, England-based McCloskey, said by phone. He speculated that buyers may be waiting for the Oct. 25-27 Coaltrans coal conference in London to get a better feel for the market.
Prices at Richards Bay, Europe’s main source of coal burned for power, have dropped 39% over the past 12 months as companies cut output and jobs to deal with the worst recession since World War II. The coal-market outlook “should improve significantly,” Sabine Schels, a New York-based analyst with Bank of America Merrill Lynch, wrote in a report dated Oct. 16.
The price of coal delivered to northwest Europe may climb to more than 100 a ton by the middle of next year, Schels wrote. That price rose 1.6% last week to 73.60 a ton, McCloskey data show. It has slid 38% over the past 12 months. India faces a coal shortage and state-owned Coal India Ltd. is seeking to buy overseas mines. China, the world’s most populous nation, uses and produces more coal than any other country.
Richards Bay Coal Terminal shipped 22% less of the fuel in September than a year earlier. Exports decreased to 4.16 million metric tons from 5.32 million tons, the terminal said in an e-mailed response to questions on Oct. 6, without giving reasons for the decline.
At its September shipment rate, the port will export 57.6 million tons of coal this year, compared with capacity of 76 million tons and shipments of 61.79 million tons last year. The terminal, on South Africa’s northeastern coast, is owned by the country’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, fell 1.3% to 70.97 a ton in the week to Oct. 16, 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.
The volume exported from Newcastle in the week ended 7 a.m. local time today dropped to 1.92 million tons from 2.01 million tons a week earlier, Newcastle Port Corp. said on its Web site. Nineteen ships, waiting to load 1.44 million tons of coal, were outside the harbor, down from 25 vessels.
Source: Business Day,UK Reuters,Bloomberg
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Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
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Showing 6201 to 6205 news of total 6871 |
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- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
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