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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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Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.
& ...
Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...
Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...
Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Australian Coal Association
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
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