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Thursday, 12 March 09
ANALYSIS-FIRST NEW JAPAN COAL DEAL MAY NOT SET BENCHMARK - FOREXPROS.COM


* Informal coal-deal practice may come to an end this year

* Buyers expected to ask for a discount

* Biggest losers may be Chinese coal suppliers

Forexpros.com reported that, In the past, the first annual thermal coal deal of the new year between Australian miners and Japanese importers, sealed this week at about $70 a tonne, would set a benchmark that few would be brave enough to buck.

But that informal decades-old practice may come to an end this year, as a relative abundance of lower-grade alternatives means buyers elsewhere are expected to ask for a discount.

to read more click
forexpros.com



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Thursday, 12 November 09
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Thursday, 12 November 09
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AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...


Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal * Total exports to China in 2010 seen to exceed 20 million T * Chinese, Indian demand may ...


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