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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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Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
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- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- The University of Queensland
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
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