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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 February 13
NEWCASTLE PORT COAL SHIPMENTS DROPPED BY 10.77 PERCENT W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,412,497 MT of thermal and coking coal for week ended 0700 hours 4 February 2013, Newca ...
Tuesday, 05 February 13
CHALLENGER DEEP RESOURCES CORP HAS ENTERED INTO AN EXCLUSIVE MINING AND MARKETING AGREEMENT WITH KEM
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, PT Bestindo Energy, has entered into an Exclusivity Agreement r ...
Saturday, 02 February 13
ADARO TO INTRODUCE A NEW BRAND OF ENVIROCOAL, E4700, IN 2013
COALspot.com - Adaro Energy, an Indonesian and leading coal producer in country has achieved a record coal production during 4Q12 of 13.31 mil ...
Saturday, 02 February 13
FREIGHT MARKET MAY REBOUND AFTER CHINESE NEW YEAR - VISTAAR
COALspot.com - The freight market was soft and all the indices were down by around 5-7 pct this week.
The BDI was down 6.01 pct closing at 750 po ...
Friday, 01 February 13
ORPHEUS SELLS B26 COAL PROJECTS FOR US$ 2 MILLION TO FOCUS ON SOUTH KALIMANTAN
COALspot.com - Orpheus Energy Limited (ASX: OEG) has announced that it has sold its 51 percent equity stake in the East Kalimantan coal projects, Bl ...
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- Tata Chemicals Ltd - India
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- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
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- Karaikal Port Pvt Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Minerals Council of Australia
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- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Planning Commission, India
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
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- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
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