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Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply constraints, UBS AG said.
UBS has raised its 2010 forecast for the benchmark coal grade burned by Japanese utilities to $90 a metric ton from $80 a ton in 2010, analysts from the bank wrote in a report dated yesterday. Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, climbed 6.5 percent to $73.13 a ton in the week ended July 3, according to the globalCOAL NEWC Index.
Bottlenecks at Australian ports, heavy rain in Indonesia and increased imports by China constrained supplies of the fuel to Asian customers in 2007 and drove up prices. Market conditions are expected to tighten starting in the fourth quarter of this year and peak in 2011, UBS said.
“We are once again experiencing an increasingly tighter coal market with a theme developing similar to 2007,” UBS analysts led by Jakarta-based Andreas Bokkenheuser said in the note. China, the biggest producer and consumer of coal, burns the fuel to generate about 80 percent of its electricity.
Power use is increasing in China, as light industries step up production, after heavy industrial growth recovered in June, the UBS analysts said. Australian and Indonesian supply growth remains low and mining shutdowns in China’s Shanxi province have added to regional supply constraints, UBS said.
Price estimates for 2011 to 2013 have been reduced to factor in a possible supply response as coal producers address shortages, the analysts said.
Source: Bloomberg
(http://www.bloomberg.com/apps/news?pid=20601081&sid=aYezGDx3lDu4)
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Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...
Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...
Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think.
But power major NTPC Ltd is finding that this year’s coal is not yie ...
Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...
Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...
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- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Australian Coal Association
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
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