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Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawing back some of the month's earlier losses, amid increased buying.
Industry sources said traders have resurfaced after prices dropped to their weakest level in 3-½ months, and the buyers were likely hoping that the cargoes could be resold at a higher price in the coming months amid stronger winter demand and tight Australian supplies.
Thermal coal prices on the globalCOAL Newcastle weekly index, a benchmark for Asia, rose $3.30 last week to $70.18 a tonne on Tuesday, based on FOB prices at Australia's Newcastle port.
"Traders are hoping some utilities would be caught short over the coming winter months. Supplies could be tight then since most Australian producers have also sold out their coal for the fourth quarter and Indonesia typically enters the rainy season," said an Australia-based trader.
Three parcels of Australian coal for December delivery were traded at between $71.75-$72.25 a tonne FOB last week on electronic platform globalCOAL, while two more parcels for November delivery were traded at $69 and $70 a tonne each on Monday.
Analysts said Asian prices were also being supported by firm thermal coal prices in China, which would encourage Chinese utilities to seek cheaper supplies overseas.
"China domestic coal prices have held up around $85 per tonne for the past three months, suggesting lower prices are unsustainable for local suppliers and have encouraged imports," the Australia & New Zealand Bank said in a note.
China's coal imports fell to 11.774 million tonnes in August, down 15 percent from 13.887 million tonnes in July, the General Administration of Customs said on Tuesday.
Source: Reuters
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Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
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- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- MS Steel International - UAE
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