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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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Monday, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...
Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...
Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...
Friday, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to min ...
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- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
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