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Saturday, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spurred by strong demand in China, the rising oil price and expectations that a recovery in global economy.
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 $73.38 a tonne.
But domestic coal price has been kept stable for a whole month, the Datong premium blend with heating value of 6,000 Kcal/kg was 620-640 yuan/t (about US$ 91.2-94.1 per tonne) on Qinhuangdao port, a benchmark for China’s domestic market.
China’s coal demand remains robust, as the prices of imported coal maintain a discount to domestic prices.
Guangdong, a major coal consumer in south of China, imported 6.15 million tonnes of coal in Jan-Apr, up 59.2 percent year on year.
Shandong, one major industrial province in east of China, imported 1.6 million tonnes coal in the first four months, up 106.3 percent year on year.
China’s recent hunger for overseas coal pushes the international coal price up, said Huang Teng, an expert in coal trading. Coal price will continue to rise, if demand from China remains strong, Huang added.
China’s coal import may hit 65 million tonnes this year, up 60 percent from a year earlier, Huang predicted.
Analysts say higher coal imports may not affect the domestic market much, even if the volume breaks 100 million tonnes, as it just accounts for 4 percent of the country’s total consumption.”
Source: http://investment-blog.net/coal-price-hit-record-on-strong-china-demand/
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Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...
Tuesday, 23 June 09
NAPOCOR TO RE-TENDER FOR 195,000 T COAL IN JULY
Electricity producer National Power Corp. (Napocor) will hold a tender on July 15 to buy 195,000 tons of steam coal for its Sual power station, the ...
Monday, 22 June 09
ONE DIES IN KUTAI COAL TUNNEL COLLAPSE
The Jakarta Post reported that, A tunnel at a coal mine belonging to company PT Fajar Bumi Sakti in Kutai Kartanegara, East Kalimantan collapsed on ...
Monday, 22 June 09
THIS WEEK IS EXPECTED TO BE FIRM AND DEMAND OF SHIPS WOULD BE STRONG - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI up by 487 points over last week which is an increase of almost 13 pct. The increase is again mainly due to Ca ...
Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previ ...
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- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
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