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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, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...
Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...
Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...
Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...
Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
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- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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