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Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a continued rally in Chinese domestic coal prices fuelled expectations of strong imports through the rest of the year.
A coal trader based in Jakarta said that "Chinese demand for Indonesian material is still very strong and imports could go even higher in the coming months as domestic prices climb higher."
Thermal coal prices on the globalCOAL Newcastle weekly index, a benchmark for Asia, rose by USD 1.06 or about 1.5% from a week ago to USD 73.13 a tonne, based on free on board prices at Australia's Newcastle port.
Spot thermal coal prices in China have risen for the sixth straight week to strike a new 2009 high, thanks to increasing winter heating demand and recovering power consumption on the back of a stronger economy.
Although it remains uneconomical for China to import Australian coal due to high freight charges, the ongoing flow of Indonesian coal imports by Chinese buyers has helped tighten supplies in the Asia Pacific market.
An unexpected surge in Chinese imports this year has been the saving grace for Asia's coal prices, which have recovered much faster than prices in Europe and South Africa, and have mostly traded at a premium to other region's supplies.
Trade sources said that strong Chinese demand, combined with slower Indonesian production due to the rainy season, has helped pare some of the excess supplies that inundated the market in September and has in turn lifted producers' offer prices.
Traders and producers said they were optimistic about prices for the rest of the fourth quarter, citing strength in Chinese and Indian imports, and possible fresh demand in the traditional North Asian markets over the winter heating season.
Prices of top grade coal at China's top coal port Qinhuangdao gained CNY 5 to CNY 20 to a range of CNY 655 to CNY 680 a tonne this week, while coal with a calorific value of 5,500 kilo calorie per kilogram was quoted at CNY 620 to CNY 640 a tonne.
China coal imports rose 7% MoM in September to 12.55 million tonnes, with tight domestic supply that made imports attractive likely to continue at least through the end of the year.
Sourced from SteelGuru
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Tuesday, 05 October 10
EWP SEEKING VIETNAMS ANTHRACITE COAL
COALspot.com: South Korea’s EWP is seeking Min 200,000MT of Vietnam coal with plus or minus 30,000MT at EWP’s (Korea East West Power Co ...
Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
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- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
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