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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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Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...
Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...
Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...
Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...
Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's p ...
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- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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