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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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Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...
Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...
Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year
* LNG imports in July fall for seventh straight month
Alibaba reorted that, South Kore ...
Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said
L ...
Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...
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- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- VISA Power Limited - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Planning Commission, India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
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