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Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
.jpg) The international physical steam coal market has become increasingly liquid and tradeable during the past five years.
Physical global seaborne coal trade is likely to be over 700 million tonnes in 2009, up from 500 million in 2004, and to keep growing as world demand for coal rises, led by China and India.
End-users still buy the majority of their coal under term contracts but spot trade has boomed and changed in nature during the past two years.
As recently as 2007, most spot trades were simple bilateral deals involving two counterparties. The entry of traders, banks, funds and brokers into the market led to much greater liquidity. Chains of multiple counterparties are becoming the norm.
These new players are also seeking cleared trading of coal swaps and physical cargoes, to introduce some of the tools and methods long-established in the oil market.
Electronic trading platform globalCOAL has over 300 members but there are probably only 25-30 companies actively trading physical coal internationally, traders said.
Swiss-headquartered global commodity giant Glencore has dominated physical trade for over a decade but coal is now attracting other heavyweight oil traders such as Vitol, Trafigura and Mercuria.
Banks have been established players in coal swaps for several years but are becoming more active physical traders.
Morgan Stanley , Merrill Lynch and Macquarie Bank trade in both the Atlantic and Pacific markets. RBS Sempra, the joint trading venture between Royal Bank of Scotland and Sempra Energy were hampered by credit issues earlier this year but have more of a market presence now, traders said.
Since its acquisition of Constellation's coal trading team, Goldman Sachs has expanded its already active coal swaps business into a growing physical coal book.
EDF Trading, the London-headquartered subsidiary of Electricite de France, was the first European utility to develop a substantial coal trading book several years ago.
EDFT is one of the world's largest traders of physical coal and coal swaps, an example being emulated by other utilities which have set up trading arms.
RWE is growing its European coal trading business with a new Singapore office, and has been participating in supply tenders in new areas. RWE won a large chunk of the recent tender awarded by Mexican state utility CFE.
Dusseldorf-based E.ON Trading, a subsidiary of E.ON, the world's largest utility by sales, also aims to branch out from buying coal for its plants' consumption by setting up a separate coal trading book and team to trade physical coal and derivatives.
PHYSICAL COAL TRADING COMPANIES:
GLENCORE is as much a producer as it is a trader of coal through its 35 pct stake in global miner Xstrata Plc, which has coal mining interests in Australia, South Africa, Canada and Colombia. Glencore subsidiaries also own 70 pct of South African miner Shanduka Coal.
CARGILL is a Geneva-headquartered global producer and marketer of food, agricultural, financial and industrial products. Coal is a small part of Cargill's business but the group has been buying stakes in coal mines and developing an Atlantic and Pacific trading book for the past few years.
NOBLE GROUP, headquartered in Hong Kong, trades coal among other commodities. Noble is bidding to buy Australian miner Gloucester Coal Ltd.
VITOL GROUP, one of the world's largest oil traders, began trading coal in 2005 and has become one of the most active players in the Atlantic and Pacific markets. Vitol's turnover was $191.17 billion in 2008.
TRAFIGURA, also one of the world's largest independent oil traders, with turnover of $73 billion in 2008, recently hired two ex-Noble Group coal traders to start a coal book.
MERCURIA ENERGY GROUP LTD, one of the top 5 independent energy traders, already trades coal swaps and is seeking to hire physical coal traders.
LOUIS DREYFUS HIGHBRIDGE ENERGY LLC is headquartered in the U.S. and trades coal among other oil and energy products.
BULK TRADING SA is one of the Lugano-based independent trading companies which have been active players in coal trade globally for many years.
FLAME SA, established in 2003, is another Lugano-based independent energy trader active in Atlantic and Pacific physical coal trade.
PEABODY ENERGY is the world's largest private-sector coal company with 2008 revenues of $6.6 billion. Peabody trades physical coal and swaps from offices in the U.S., UK and in Asia.
UTILITY TRADERS OF PHYSICAL COAL:
EDF TRADING, London-based trading arm of Electricite de France.
RWE Supply & Trading, headquartered in Essen, Germany with offices in the UK and across Europe, acts as the hub of the RWE group's energy trading activities including gas, power and coal.
Dutch utility NUON, although a relatively small European utility compared to E.ON and EDF, became one of the most active traders of coal swaps and physical coal.
Essent, another Dutch utility, has been increasing its physical and swaps coal trade via its Swiss-based trading office.
BANK TRADERS OF PHYSICAL COAL:
MACQUARIE GROUP has been growing its physical and swaps trading business from offices in Australia and the UK.
Others are:
RBS Sempra Energy, Goldman Sachs, Morgan Stanley, Merrill Lynch
Deutsche Bank is due to start a physical coal trading book in June from its London offices.
Source: http://www.reuters.com/article/marketsNews/idUSLI62998020090519?sp=true
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Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were sufferi ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...
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- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- GMR Energy Limited - India
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
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