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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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Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
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- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Planning Commission, India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
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