We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY
Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolstered by renewed demand as several South Korean utilities launched tenders to seek more supplies.
Expectations of increased demand over the coming winter months also helped to lift prices, which were trading near a 3-½ month low.
Thermal coal prices on the globalCOAL Newcastle weekly index, a benchmark for Asia, rose $2.68 from a week ago to $70.75 a tonne on Tuesday, based on FOB prices at Australia's Newcastle port.
"Some of the utilities in Korea and Taiwan are hoping to pick the market bottom and have taken advantage of the recent low prices to launch spot and term tenders. That has breathed some life into the market," said an Australian coal producer.
While most of the tenders launched by the South Korean utilities are term tenders for delivery starting from 2010, they are also still seeking about 3 million tonnes of coal for delivery starting from November 2009.
"Generally, the view is that supplies could be quite tight in the fourth quarter since there's limited uncontracted tonnage out of Australia," said the producer.
After an increase in enquiries in late September, traders said China's interest in Australian thermal coal has faded following the recent increase in freight rates and coal prices.
However China's demand for Indonesian coal imports remain firm.
"Indonesia is still China's favourite overseas supplier. Demand from China is still very healthy and that is continuing to help absorb the excess supplies in the market," said a Singapore-based trader.
After having posted its sharpest increase in the year in late September, steam coal prices have remained in an uptrend at China's Qinhuangdao port, the country's largest coal trans-shipment port.
Steam coal prices in China rose for the third straight week, with top grade coal with a heating value of 5,800 kcal/kg (NAR) hovering at between 603 and 635 yuan per tonne.
The increase in Chinese domestic coal prices, which is largely due to the shutdown of small and unsafe mines, has encouraged more Chinese traders and utilities in the south to seek supplies from overseas.
In South Africa, thermal coal prices have also increased for the second week to $62.75 a tonne on the back of Indian buying, while improving demand from Europe is also expected to buoy prices in the coming months.
After briefly touching $80 in July, thermal coal prices in Asia have since fallen to languish at around $66-$68 a tonne over September, as unexpectedly strong production from Indonesia met seasonally low demand.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 19 November 09
THE GOVERNMENT TO GUARANTEE COAL SUPPLIES FOR POWER PLANTS
The government guarantees coal supplies for power plants under a 10,000 MW-capacity power plant construction acceleration program.
Minister of En ...
Thursday, 19 November 09
FAST-TRACK FOCUS ON COAL POWER MAY COST INDONESIA BILLIONS
The Jakartaglobe reported that, As it begins to tap its massive coal reserves to generate cheap electricity, Indonesia may face additional costs of ...
Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , ...
Wednesday, 18 November 09
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT
“Building Asia’s Infrastructure”
COALspot.com (Indonesia) Press Release: Infrastructure Asia 2010 is Asia’s premier infra ...
Wednesday, 18 November 09
AMBUJA COAL TENDER PRICES EQUATE TO $61.50/T FOB
Reuters reported that, coal prices achieved by Indian cement maker Gujarat Ambuja in its early November tender equate to $61.50 a tonne FOB Richards ...
|
|
|
Showing 6241 to 6245 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Economic Council, Georgia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- ASAPP Information Group - India
- White Energy Company Limited
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
|
| |
| |
|