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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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Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
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- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Ministry of Mines - Canada
- Minerals Council of Australia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
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