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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, 26 April 12
PANAMAXES AGAIN EARN MORE THAN CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of demand for Panamaxes has led the dry bulk market to new higher ground on Monday, with the Baltic Dry Index (BDI) reaching 1,090 ...
Wednesday, 25 April 12
CHINA IMPORTS 9.76 MMT AND INDIA IMPORTS 7.03 MMT OF INDONESIAN COAL LAST MONTH
COALspot.com: Indonesia, the world largest coal exporter, shipped 30.64* million tons of coal in March 2012, compared to 27.12* million tons i ...
Monday, 23 April 12
ALTURA ENTERS INTO AGREEMENT TO ACQUIRE 2 COAL PROJECTS IN SOUTH KALIMANTAN
COALspot.com - Altura Mining Limited (ASX: AJM) has announced that it has entered into an agreement to acquire a further two (2) Mining Permits (IUP ...
Sunday, 22 April 12
THE FREIGHT MARKET EXPECTED TO REMAIN FIRM NEXT WEEK - VISTAAR
COALspot.com - The BDI has broken the psychological barrier of 1000 points and closed at 1067 points.
The cape index was slightly down by 2.48 pc ...
Saturday, 21 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP 2.61 PERCENT THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps fell for a fifth day, according to DSP of SGX AsiaClear OTC Coal Swaps.
CFR South China Coal ...
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- Central Electricity Authority - India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Parliament of New Zealand
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Minerals Council of Australia
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
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