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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 ($112.79) a ton as of today, down for the second consecutive week, data from the China Coal Transport & Distribution Association showed. That’s a weekly decline of 3.8 percent, the most since December 2008, when prices slumped 10 percent.
Source: Bloomberg
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Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...
Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
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- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- The University of Queensland
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
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