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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, 23 April 13
INDONESIAN STATE OWNED COAL MINER SHIPPED 4 PERCENT MORE COAL IN 1Q
COALspot.com - PT. Bukit Asam, the Indonesian state owned coal miner shipped more coal in first quarter of this year compared to the same period in ...
Tuesday, 23 April 13
REALM CONTINUES AS 51% OWNER AND MANAGER OF THE KATINGAN RIA THERMAL COAL PROJECT
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced today that, the commercial way forward for the development of its 51% held Indonesian t ...
Tuesday, 23 April 13
TIGERS REALM COAL HAS SOME OF THE WORLD'S BEST UNDEVELOPED COKING COAL ASSETS - EXECUTIVE CHAIRMAN
COALspot.com - “ During 2012, your Company has made very significant progress towards meeting its stated objective of becoming a global player ...
Tuesday, 23 April 13
AUSTRALIA'S NEWCASTLE PORT COAL SHIPMENTS DROPPED BY 4.38 PERCENT W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,434,336 tons of thermal and coking coal for week ended 0700 hours 22 April 2013, Newca ...
Sunday, 21 April 13
INDONESIA - INDIA COAL FREIGHT RATES ARE FIRMING UP - CAPT. REDDY
COALspot.com – The BDI was up by 1.40 pct closed at 888 points week ended 19 April 2013. The Cape index was down by 2.45 pct closing at 1234 p ...
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- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
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