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Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
 Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain in four weeks on speculation that banks are more active in the market.
Export prices advanced $1.20, or 1.4 percent, to an average of $84.60 a metric ton in the week to Feb. 5, according to McCloskey Group Ltd. Prices rose last month to the highest since November 2008. The terminal is the biggest source for Europe of coal burned for power and is owned by South Africa’s largest exporters of the fuel, including BHP Billiton Ltd., Anglo American Plc and Xstrata Plc.
We saw “banks involved on both sides for the majority of the deals,” Mike Newman, an analyst at Petersfield, England- based researcher McCloskey, said by phone today. They may be hedging coal derivatives and “it remains to be seen whether or not the trades were genuine demand,” he said.
| “South African coal export prices advanced $1.20, or 1.4 percent, to an average of $84.60 a metric ton in the week to Feb. 5” - McCloskey Group Ltd |
Coal exports from Richards Bay fell last month to the lowest since September. Outbound shipments were 4.87 million tons, the least since September’s 4.16 million tons, according to data posted on the terminal’s Web site today. The terminal exported 4.12 million tons in January 2009 and 5.55 million tons in December of that year.
At January’s shipment rate, the terminal will export 58 million tons of coal this year. The terminal is scheduled to boost its annual export capacity to 91 million tons by the end of this year’s first quarter. Shipments came to 61.14 million tons last year.
Coal Derivatives
Benchmark European coal derivatives fell 13 percent in the four weeks to Feb. 5. Coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year fell to $90.25 a ton, according to trades and indicative prices. The data are drawn from information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, McCloskey Group Ltd., Bloomberg and Tradition Financial Services.
Coal prices at the Australian port of Newcastle, a benchmark for Asia, fell 6.8 percent. The index for coal prices at the New South Wales port shed $6.70 to $91.83 a ton in the week to Feb. 5, according to the globalCOAL NEWC Index.
Coal prices at Qinhuangdao, a benchmark in China, fell the most in more than a year as winter demand continued to ease. Prices for coal with an energy value of 5,500 kilocalories per kilogram dropped to between 760 and 770 yuan ($112.79) a ton as of today, down for the second consecutive week, data from the China Coal Transport & Distribution Association showed. That’s a weekly decline of 3.8 percent, the most since December 2008, when prices slumped 10 percent.
Source: Bloomberg
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Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
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- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- The University of Queensland
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Xindia Steels Limited - India
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
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