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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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Monday, 22 June 09
SOUTH AFRICAN EXPORT COAL DECLINES ON WEAKENING EUROPEAN DEMAND
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, posted the first dro ...
Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
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- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
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