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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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- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- MS Steel International - UAE
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- White Energy Company Limited
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
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