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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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- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
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