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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 $90 a year earlier, Macquarie Group Ltd. said in a report this month.
Dai rated Yanzhou Coal Mining Co., China Shenhua Energy Co., SouthGobi Energy Resources Ltd. and Hidili Industry International Development Ltd. as “outperform.” To read more Bloomberg ( Reported by Dinakar Sethuraman)
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Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...
Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...
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- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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