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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delivery between April 2010 and March 2011.
Industry eyebrows have been raised with the five utilities who combined own a 5% stake in the NSW Moolarben Mine securing the deal at USD 92.60 per tonne a significant gap between the physical and index prices of Australian coal.
Energy Publishing’s NEX Index for Newcastle spot coal was USD 103.15 per tonne FOB as at May 13th 2010. In April, long term thermal coal contracts for the Japanese fiscal year April 1st 2010 to March 31st 2011 were settled at USD 98 per tonne.
Late last month, Australia’s thermal coal hit an 18 month high of USD 108 per tonne while under a recent term deal, one Australian producer agreed to supply up to 2 million tonnes of coal at low USD 90s to a Korean utility. The Moolarben mine is owned by Felix Resources and located 40 kilometres north east of Mudgee in the Western Coalfields of New South Wales.
Source: Steel Guru / Energy Publishing
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Tuesday, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...
Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...
Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...
Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...
Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
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- Global Coal Blending Company Limited - Australia
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- Australian Coal Association
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- Tamil Nadu electricity Board
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- San Jose City I Power Corp, Philippines
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- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
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- Siam City Cement - Thailand
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- Electricity Generating Authority of Thailand
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- Rio Tinto Coal - Australia
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- Mjunction Services Limited - India
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- Wood Mackenzie - Singapore
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- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
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- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
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- Larsen & Toubro Limited - India
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- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
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- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- The University of Queensland
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- Directorate General of MIneral and Coal - Indonesia
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- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
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- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
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