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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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Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...
Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
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- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Xindia Steels Limited - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
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