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Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
 Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesian producers turned to local buyers amid slow overseas demand, particularly from Indian buyers, traders said. Thermal coal prices on the globalCOAL Newcastle weekly index rose $3.41 to $78.87 a tonne, from $75.46 a tonne in previous week, on firm spot demand from South Korea and expectations of lower supply from Australia.
Despite the rising Newcastle index, spot prices for Indonesian bituminous coal were softer as Indian buyers preferred to buy South African coal to take advantage of falling freight rates and cheaper prices.
Indonesian bituminous coal of 6,300 kcal/kg air-dried basis was offered at around $57 a tonne, FOB mother vessel, compared with $60 a tonne early this month.
"For bituminous coal, only South African coal is moving to India, mostly for steel and cement factories," an Indian trader said.
Chinese and South Korean buyers were in the market for Indonesian high-quality coal, providing support, but China was not as aggressive as previous months due to growing local supply grew, another regional trader said.
Plans by Australia Newcastle port, the world's top coal export terminal, to slash export quotas for all producers by 1 million tonnes for the rest of third quarter, have not prompted more enquiries for Indonesian coal, traders said.
A 25,000-tonne parcel of Australian coal was traded at $77 a tonne on Monday for delivery in October while another 25,000 tonne for delivery in August was traded at $80.50 a tonne on Tuesday.
* INDONESIA SUB-BITUMINOUS COAL
Fresh domestic demand from textile and cement factories in Java offered support for Indonesian sub-bituminous as Indian demand slowed.
Indonesian sub-bituminous coal of 5,500 kcal/kg ADB was around $34-$35 a tonne, FOB mother vessel from Kalimantan.
"We haven't received fresh inquiries from Indian buyers but many local buyers asked for an increase in volumes from their existing contracts," an Indonesian trader said.
Aside from local buyers, there were some Chinese buyers that sought to extend spot purchase contracts, the trader said.
Despite lower coal stock levels at power plants, India had slowed buying of Indonesian low-quality coal as traders waited for government tenders and the monsoon disrupted shipments.
"Power plants are in a wait-and-see mode. There are a lot of contracts that need to be renewed," the Indian trader said, adding that traders were waiting for India's government to finalise tenders.
India has said coal stocks with power plans in India halved from normal levels to 11 million tonnes at July 6, with many thermal plants facing uncomfortable supply positions.
India's state-run MMTC which buys coal on behalf of state utilities has said it may re-issue a tender for 12.5 million tonnes of thermal coal after a complaint from a trader.
"Wet weather is also very bad. There are a lot of vessels queueing at discharge ports. So everybody is just waiting," the Indian trader said.
Source: Reuters
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Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...
Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 289,674,610)
The firm plans to place orders for equipment by the end of October and commission both the plants by April 2012 to sell power in the open market
...
Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawi ...
Tuesday, 22 September 09
QINHUANGDAO COAL PRICES SURGE ON STRONG DEMAND
People's Daily Online reported that, Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest increase in the year last ...
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- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Eastern Coal Council - USA
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- MS Steel International - UAE
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
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