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Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the “low season,” CLSA Research Ltd. said.
Coal-fired power stations may need an additional 35 million metric tons of the fuel to compensate for a 15 percent drop in capacity utilization at hydropower plants, Dave Dai, a Hong Kong-based analyst at CLSA, said in a report e-mailed today.
“This may support coal prices in low-season, offering upside on coal names and creating uncertainties for the China IPPs,” Dai said. The extra fuel needed means a 2 percent increase in coal use or a 1.1 percent gain in total demand this year, he said.
China’s imports rose 169 percent to 13.1 million tons in February, underpinned by electricity demand, according to customs data. The mainland paid about $92 a ton for coal in that month. Thermal coal prices to China on delivered terms climbed as high as $120 a ton in January from less than $90 a year earlier, Macquarie Group Ltd. said in a report this month.
Dai rated Yanzhou Coal Mining Co., China Shenhua Energy Co., SouthGobi Energy Resources Ltd. and Hidili Industry International Development Ltd. as “outperform.” To read more Bloomberg ( Reported by Dinakar Sethuraman)
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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
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- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Australian Coal Association
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
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