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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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Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
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- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
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