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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 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- The University of Queensland
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
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