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Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased his forecast for contract iron ore prices from a 20 per cent to a 40 per cent gain this year.
Mr Pervan said the prediction was at the top end of market consensus, which was on a 20 per cent to 40 per cent rise. But he said it could end up being conservative, with spot iron ore prices now 80 per cent above the current 2009 contract price.
"We expect the Chinese steel mills to negotiate the benchmark outcome, and early, on the fear of repeating last year's debacle when Japanese steel mills ended up striking an unpalatable outcome," he said.
"This creates more contract price upside, with little time left for super high spot prices to ease." Britain's Ocean Equities analyst Sam Spring said the balance of power in the negotiations remained with the major producers because the near- to medium-term outlook for iron ore remained supplied-constrained.
And it has been reported that the top three producers -- Rio Tinto, BHP Billiton and Brazil's Vale -- have not held significant pricing talks with China and are focusing on Japanese customers to reach a benchmark deal they can then present to China on a "take it or leave it" basis. To Read more The Australian
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Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- MS Steel International - UAE
- Petron Corporation, Philippines
- Planning Commission, India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
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