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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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Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
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- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- The University of Queensland
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
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