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Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over $72 a tonne on higher oil prices and expectations that a recovery in global economy would spur demand.
Thermal coal prices in the globalCOAL Newcastle index rose $6.48 from the previous week to $72.79 a tonne, the highest since Feb. 24 when it stood at $73.38 a tonne. "There is some direction now with the gain in oil prices. Also, there is positive sentiment about the global economy that pulling up prices," a regional trader said.
Crude oil steadied at $66 a barrel on Thursday after hitting nearly seven-month high of $69.05 a tonne on Tuesday on expectations of an economic recovery.
Strong demand from China and India is also expected to spur recovery in global coal in the second half of this year, industry participants said at a recent industry gathering.
There were no physical trades registered on globalCOAL.
INDONESIA COAL
Chinese buyers were still scouting for Indonesia coal. One handimax of 6,300 kcal/kg air-dried basis (ADB), FOB mother vessel, has been sold to a Chinese buyer at $55 a tonne for delivery in July.
"The price was still a bit low because it was settled in April. We still see a lot of inquiries from China. Now, everybody suddenly wants to trade with China," said an Indonesian trader.
Indonesian coal prices are likely to go up to around $60 in coming weeks in line with a recovery in global coal prices, the trader said.
About 11,000 tonnes of Indonesian sub-bituminous coal of 5,600 kcal/kg ADB were traded at $39.5 a tonne, FOB barge from East Kalimantan, but there were no details of buyers.
"Inquiries are now starting to come in, because of a rise in prices," said another Indonesian trader.
In the domestic market, demand remained slow as power plants still have abundant supplies, of more than a month, traders said, adding power plants may be back to the market in the third quarter to secure stockpiles ahead of the rainy season.
Source: http://www.iii.co.uk/news/?type=afxnews&articleid=7354705&subject=companies&action=article
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Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
Friday, 24 July 09
INDIA TAKES 9 MILLION TONNES S. AFRICAN COAL JAN - JUNE
Reuters reported that, India accounted for nearly 9 million tonnes of South Africa's January-June exports of around 28 million tonnes, industry sour ...
Thursday, 23 July 09
KOMIPO LAUNCHES TWO COAL TENDERS
Korea Midland Power on Wednesday launched two tenders to procure bituminous or semi-anthracite coal for August to September delivery. Bids close on J ...
Thursday, 23 July 09
GUANGDONG BUYERS SET TO IMPORT 2.3 MILLION MT FROM VIETNAM - MEDIA
Several coal-consuming companies in China’s Guangdong Province, headed by Guangdong Yudean Group (Guangdong Power Generation Group), have inke ...
Thursday, 23 July 09
KEPCO BUYS 1.5% STAKE IN ADARO ENERGY FOR US$ 56.5M
WSJ reported that, state-run utility Korea Electric Power Corp., or Kepco, Thursday said it has acquired a 1.5% stake in Indonesian coal miner, PT A ...
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- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- VISA Power Limited - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
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