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Thursday, 07 May 09
ASIA COAL-PRICES EASE TO NEAR $63 ON DEMAND CONCERNS - REUTERS
AUSTRALIAN thermal coal prices, a benchmark for Asia, edged lower to around $63 a tonne on concerns over demand, after hitting a two-week high of $64 earlier in the week.
Thermal coal prices on the globalCOAL Newcastle weekly index were at $63.17 a tonne late on Wednesday, up from $62.27 a tonne a week ago.
"It's a temporary fluctuation," a regional trader said.
"But the trend is still sluggish as coal stocks are quite healthy and Indian demand is going to subside in May," the trader said.
Indian buyers tend to stock up on coal before the start of the monsoon in India in June.
There were no physical trades registered on globalCOAL.
* INDONESIA COAL
Indonesian bituminous coal of 6,300 kcal/kg air-dried basis was offered at around $60 a tonne, FOB mother vessel from Sumatra, while some traders offered coal of the same quality at between $65-$66 a tonne, FOB mother vessel from Kalimantan.
Indian demand for Indonesian coal eased as buyers switched to South African coal, while Chinese buyers who had been active in the past weeks slowed purchasing, an Indonesian producer said.
"We still see a lot of inquiries from Chinese buyers. But they stop short on asking prices," the producer said.
Buyers were seeking Indonesian coal of 6,300 kcal/kg at $51-$55, FOB mother vessel, the producer said.
Indonesian sub-bituminous coal of 5,300 kcal/kg was offered at around $35-$37 a tonne, FOB mother vessel from Kalimantan.
Demand from industrial sectors such as textiles has eased but steady demand from power plants helped to support prices.
PT Pembangkitan Jawa-Bali, a unit of state-electricity firm Perusahaan Listrik Negara, is in the process of short-listing bidders in a tender seeking 60,000 tonnes of 4,900 kcal/kg as-received coal a month for its Paiton power plant.
The firm is expected to award the contract in coming weeks.
Sourcing : http://in.reuters.com/article/domesticNews/idINJAK11241220090507?sp=true
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Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the ...
Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...
Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...
Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...
Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa .
Indian imports of South Afr ...
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- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Australian Coal Association
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
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