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Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal because of higher demand from India and China, the second-largest energy-consuming nation.
Merrill raised its projection for the benchmark coal burned by Japanese utilities in the year ending March 31, 2011, to $85 a metric ton from $80, analysts wrote in a note to clients dated yesterday. Goldman Sachs JBWere Pty. last month increased its forecast to $80 from $75 for the same period.
“Surprise strong buying by utilities in India and China” is driving thermal coal demand, Merrill analysts led by Sydney- based Stuart Howe said in the note. Prices at Australia’s Newcastle port, an Asian benchmark, have climbed 27 percent since the end of March and were at $76.58 a ton in the week ended July 31, according to the globalCOAL NEWC Index.
Power-station coal prices at Newcastle are rising on expectations that China will import more of the fuel, emerging demand growth in India, and improved economic conditions as credit markets recover, Merrill said.
Australian and Indonesian coal output have the biggest influence over the trade supply outlook, Merrill said. Rising production costs, declining exploration and development success, and rain in Indonesia suggest “supply growth is now limited,” Merrill said.
Source: Bloomberg
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Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
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- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- GMR Energy Limited - India
- Australian Coal Association
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
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