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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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Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
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- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
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