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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 $73.13 a ton in the week ended July 3, according to the globalCOAL NEWC Index.
Bottlenecks at Australian ports, heavy rain in Indonesia and increased imports by China constrained supplies of the fuel to Asian customers in 2007 and drove up prices. Market conditions are expected to tighten starting in the fourth quarter of this year and peak in 2011, UBS said.
“We are once again experiencing an increasingly tighter coal market with a theme developing similar to 2007,” UBS analysts led by Jakarta-based Andreas Bokkenheuser said in the note. China, the biggest producer and consumer of coal, burns the fuel to generate about 80 percent of its electricity.
Power use is increasing in China, as light industries step up production, after heavy industrial growth recovered in June, the UBS analysts said. Australian and Indonesian supply growth remains low and mining shutdowns in China’s Shanxi province have added to regional supply constraints, UBS said.
Price estimates for 2011 to 2013 have been reduced to factor in a possible supply response as coal producers address shortages, the analysts said.
Source: Bloomberg
(http://www.bloomberg.com/apps/news?pid=20601081&sid=aYezGDx3lDu4)
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Tuesday, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...
Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...
Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...
Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...
Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...
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- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
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