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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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Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
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Showing 6021 to 6025 news of total 6871 |
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- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- The University of Queensland
- Indian Energy Exchange, India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
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