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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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Thursday, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complain ...
Thursday, 08 April 10
NAPOCOR GETS ONE OFFER AT COAL TENDER - ABS CBN
ABS- CBN News reported that, Philippine power producer National Power Corp. (Napocor) is likely to buy 50,000 tons of steam coal from PT Berau Coal ...
Wednesday, 07 April 10
DRY BULK MARKET LOOKING FOR DIRECTION
The dry bulk market has kept a low profile during the past week, as evidenced by the small changes of a usually rather turbulent Baltic Dry Index (B ...
Tuesday, 06 April 10
NEWCASTLE COAL EXPORTS RISE 24%, SHIP QUEUE SHORTENS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power st ...
Tuesday, 06 April 10
UAE STEEL TRADERS FEAR LOSSES ON GLOBAL HIKE
A sudden spurt in the price of iron ore in the international market has caught local steel traders and manufacturers and a host of other steel-depen ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Planning Commission, India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Economic Council, Georgia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
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