We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power ...
Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...
Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...
Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...
Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
|
|
|
Showing 6601 to 6605 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Interocean Group of Companies - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- PTC India Limited - India
- Mjunction Services Limited - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
|
| |
| |
|
