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Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fresh tenders for Indonesian and South African coal for delivery from September, Indian traders said.
"They are all coming back to the market now. Coal prices have been very stable and buyers can see there's unlikely to be much volatility in the next few months, maybe $5.00-$10.00 maximum so they are keen to secure tonnage," said an Indian trader who is one of the country's largest importers.
India needs to import up to 70 million tonnes of coal in 2009 to bridge the gap between domestic output and demand. The bulk will be low-grade Indonesian material but up to 20 million tonnes will come from South Africa, and a smaller portion from Australia and Russia.
India's booming demand for South African coal for use in cement and sponge iron production has been by far the biggest price-supporting factor for FOB Richards Bay prices.
South African coal prices have hovered at around $60.00-$65.00 a tonne FOB Richards Bay for over two months.
Freight rates have risen sharply over the course of the year but Indian end-users are resigned to having to pay $80.00-$90.00 a tonne CIF for coal, traders said.
TENDERS ISSUED THIS WEEK
* Ultratech, one of India's largest cement makers, for 500,000 tonnes of South African coal for September-December delivery. Ultratech will negotiate final prices next week.
* State utility Kolkata Electric for 150,000 tonnes of Indonesian coal. This is a private tender issued to qualified participants run directly by the utility rather than state coal buyers such as MMTC or NTPC.
* Gujarat Narmada Valley Fertilizers Ltd (GNFC) is seeking 130,000 tonnes of coal with an extra optional 130,000 tonnes all for delivery in the balance of 2009.
* MMTC's tender in June for 12.5 million tonnes of coal will be re-issued any day now with fresh contract terms approved by the Ministry of Commerce. The 12.5 million tonnes is expected to be split among several suppliers with less onerous performance bond conditions than in the original tender.
Source: Reuters
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Thursday, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities
The debut of Australia ...
Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
COALspot.com (Germany):
World Coal Market
According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...
Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...
Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
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- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Australian Coal Association
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
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