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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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Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...
Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...
Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African c ...
Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing.
China's largest coal pr ...
Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
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- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Mjunction Services Limited - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
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