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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
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Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...
Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...
Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
T ...
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- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Posco Energy - South Korea
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Australian Coal Association
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
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