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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, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
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- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- The University of Queensland
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
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