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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, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
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- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- White Energy Company Limited
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
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