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Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will launch the index in the second week of July, a company official said Tuesday.
"A present there is no credible price index to track coal prices in the country. There are four coal indexes all over the world. Soon we are going to get one," Viresh Oberoi, managing director and chief executive of Mjunction (formerly Metal Junction), told IANS here.
The four existing coal indexes are: South African Richards Bay Coal - API-4, Australian New Castle Coal - API-3, Japan Power Utility Index and ACR Asian Index.
At present, nobody has a clear idea about the price movement. Once the index is launched, it would give crucial information about prices to those who want to trade in future contracts, he said.
"We will track the coal prices scientifically and publish it on our website as MJ Coal Index for the benefit of buyers, traders and industry at large," Oberoi said.
"At present, there are 440 varieties of coal available in India. With no scientific method to track the price movement it is difficult for the Indian buyers to hedge their risk against coal price volatility," he added.
The index would be calculated on the basis of weighted price average of coal computed from the price of different grades of coal tendered at various coal mines across the country.
"It would reduce the role of middlemen in the business and help buyers know the right prices of coal," he said.
Source: Prokerala (http://www.prokerala.com/news/articles/a61561.html)
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Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
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- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- The University of Queensland
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
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