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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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Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
Wednesday, 03 June 09
KOSEP SEEKS UP TO 3 MLN TONNES OF COAL - REUTERS
Korea South-East Power Co Ltd (KOSEP) has issued four tenders seeking a total of 3 million tonnes of coal for delivery between 2009 to 2011, a tende ...
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- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
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- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
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