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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, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...
Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...
Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...
Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...
Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...
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- ASAPP Information Group - India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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