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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, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...
Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...
Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...
Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...
Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...
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- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- CNBM International Corporation - China
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Planning Commission, India
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
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