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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
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- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Planning Commission, India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- ASAPP Information Group - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
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