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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, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
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- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- White Energy Company Limited
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- The University of Queensland
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Bhatia International Limited - India
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