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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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Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...
Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...
Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
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- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Australian Coal Association
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Planning Commission, India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- White Energy Company Limited
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
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