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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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Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- The Treasury - Australian Government
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