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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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Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. M ...
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- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
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- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
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- Meralco Power Generation, Philippines
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- Bulk Trading Sa - Switzerland
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- South Luzon Thermal Energy Corporation
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- Indian Oil Corporation Limited
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- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
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- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
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- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
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- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
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- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Wilmar Investment Holdings
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- Medco Energi Mining Internasional
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- Sindya Power Generating Company Private Ltd
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- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
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- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
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- Coal and Oil Company - UAE
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
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- Cement Manufacturers Association - India
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- Energy Development Corp, Philippines
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