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.
|
|
Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...
Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland.
The terminal is now ...
Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...
Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...
Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
|
|
|
Showing 6631 to 6635 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Indian Energy Exchange, India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
|
| |
| |
|
