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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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Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...
Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry th ...
Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...
Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...
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- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
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