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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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Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...
Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com - Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...
Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...
Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...
Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...
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- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Australian Coal Association
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Interocean Group of Companies - India
- PTC India Limited - India
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- White Energy Company Limited
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- ICICI Bank Limited - India
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