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Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as demand increases, Macquarie Group Ltd. said.
Chinese coking coal may rise to $200 a ton in the next quarter, Macquarie analysts led by Bonnie Liu said in a research report. Domestic coal has traded at a $15- to $25-a-ton discount to the spot market price since December, the analysts said, a gap they expect will narrow.
BHP Billiton Ltd., the world’s biggest mining company, agreed last week to a three-month contract to sell coking coal at $200 a metric ton to JFE Holdings Inc. The price indicates a “very tight market” for 2010, Liu said.
“We would expect the Chinese domestic price to edge upward imminently,” she said.
Coal imported into China has fewer impurities than domestic output and attracts a premium price, she said. This premium is making import sales more difficult, and imports may decline to an annualized rate of between 40 million tons and 45 million tons in the next quarter, down from a rate of 60 million tons a year set in January, she said.
Source: Bloomberg - By Rebecca Keenan
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Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...
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- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- The University of Queensland
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
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