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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, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
Tuesday, 07 July 09
Q+A - INDONESIA MINING SECTOR FACES ELECTION RISKS - REUTERS
Indonesia has struggled to lure foreign investment to its mining sector in recent years, and the nationalist line on resource exploitation taken by ...
Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough Interna ...
Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offsh ...
Tuesday, 07 July 09
RBCT COAL EXPORTS TO REMAIN BELOW CAPACITY IN 2009
Coal volumes railed to South Africa’s Richards Bay Coal Terminal are continuing to fall far short of the corridor’s nameplate yearly cap ...
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- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
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