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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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Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...
Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...
Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...
Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...
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- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- The University of Queensland
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
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