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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, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...
Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...
Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com: Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012. thi ...
Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...
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- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Deloitte Consulting - India
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
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