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Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, producers and traders said.
Indian buyers have been waiting since October for South African prices to fall back to $50,00 and many are yet to buy substantial tonnages which they have committed to end-users for Q1 delivery, traders and producers said.
Contrary to Indian traders' expectations, South African prices rose steadily during November and surged in December and again in early January to around $90,00 a ton FOB Richards Bay.
"The Indians have totally missed the boat. We have nothing left for Q1 and not much for Q2 and we're not alone. We've done business into China already and have enquiries for one-million tons from one Chinese utility alone," one major South African producer said.
"India needs at least 1-1,5 million tons a month from South Africa and if you assume cautiously that they only need to buy half of that during Q1, they will struggle to find it from anywhere in the market," he added.
India took over 30% of South Africa's 62-million tons of exports in 2009 and needs a similar tonnage in 2010.
"We've definitely noticed a rush in calls from desperate-sounding Indian trading companies looking for February and March coal," one broker said.
"Some of them are starting to realise that the market is genuinely tight and prices are not going to go down. They need to make some decisions very quickly if they want South African coal," he said. To read more Mining Weekly / Reuters
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Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
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Showing 6106 to 6110 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Minerals Council of Australia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
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