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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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Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
Wednesday, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...
Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...
Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...
Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...
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- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Planning Commission, India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- PTC India Limited - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
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