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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, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic ac ...
Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
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- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- The University of Queensland
- Parliament of New Zealand
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Trasteel International SA, Italy
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
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