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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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Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
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- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- VISA Power Limited - India
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
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