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Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased his forecast for contract iron ore prices from a 20 per cent to a 40 per cent gain this year.
Mr Pervan said the prediction was at the top end of market consensus, which was on a 20 per cent to 40 per cent rise. But he said it could end up being conservative, with spot iron ore prices now 80 per cent above the current 2009 contract price.
"We expect the Chinese steel mills to negotiate the benchmark outcome, and early, on the fear of repeating last year's debacle when Japanese steel mills ended up striking an unpalatable outcome," he said.
"This creates more contract price upside, with little time left for super high spot prices to ease." Britain's Ocean Equities analyst Sam Spring said the balance of power in the negotiations remained with the major producers because the near- to medium-term outlook for iron ore remained supplied-constrained.
And it has been reported that the top three producers -- Rio Tinto, BHP Billiton and Brazil's Vale -- have not held significant pricing talks with China and are focusing on Japanese customers to reach a benchmark deal they can then present to China on a "take it or leave it" basis. To Read more The Australian
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Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- White Energy Company Limited
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- The University of Queensland
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
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