We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
 Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain in four weeks on speculation that banks are more active in the market.
Export prices advanced $1.20, or 1.4 percent, to an average of $84.60 a metric ton in the week to Feb. 5, according to McCloskey Group Ltd. Prices rose last month to the highest since November 2008. The terminal is the biggest source for Europe of coal burned for power and is owned by South Africa’s largest exporters of the fuel, including BHP Billiton Ltd., Anglo American Plc and Xstrata Plc.
We saw “banks involved on both sides for the majority of the deals,” Mike Newman, an analyst at Petersfield, England- based researcher McCloskey, said by phone today. They may be hedging coal derivatives and “it remains to be seen whether or not the trades were genuine demand,” he said.
| “South African coal export prices advanced $1.20, or 1.4 percent, to an average of $84.60 a metric ton in the week to Feb. 5” - McCloskey Group Ltd |
Coal exports from Richards Bay fell last month to the lowest since September. Outbound shipments were 4.87 million tons, the least since September’s 4.16 million tons, according to data posted on the terminal’s Web site today. The terminal exported 4.12 million tons in January 2009 and 5.55 million tons in December of that year.
At January’s shipment rate, the terminal will export 58 million tons of coal this year. The terminal is scheduled to boost its annual export capacity to 91 million tons by the end of this year’s first quarter. Shipments came to 61.14 million tons last year.
Coal Derivatives
Benchmark European coal derivatives fell 13 percent in the four weeks to Feb. 5. Coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year fell to $90.25 a ton, according to trades and indicative prices. The data are drawn from information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, McCloskey Group Ltd., Bloomberg and Tradition Financial Services.
Coal prices at the Australian port of Newcastle, a benchmark for Asia, fell 6.8 percent. The index for coal prices at the New South Wales port shed $6.70 to $91.83 a ton in the week to Feb. 5, according to the globalCOAL NEWC Index.
Coal prices at Qinhuangdao, a benchmark in China, fell the most in more than a year as winter demand continued to ease. Prices for coal with an energy value of 5,500 kilocalories per kilogram dropped to between 760 and 770 yuan ($112.79) a ton as of today, down for the second consecutive week, data from the China Coal Transport & Distribution Association showed. That’s a weekly decline of 3.8 percent, the most since December 2008, when prices slumped 10 percent.
Source: Bloomberg
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...
Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...
|
|
|
Showing 5906 to 5910 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Minerals Council of Australia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
|
| |
| |
|
