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Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees lower 2010 exports
Prices of prompt coal cargoes for delivery to Europe fell again by around $1.00 in line with weaker oil prices after a day of quiet trading.
The volatility seen during the past several weeks has left players assessing their positions and waiting for the end of the Chinese New Year in mid-February.
"The market is quiet in Europe again after all the activity last week but the Indians are still there looking for prompt coal," one trader said.
| "The market is quiet in Europe again after all the activity last week but the Indians are still there looking for prompt coal" - Trader |
Whether or not Chinese coal imports resume at a high level in early March will decide the direction of global prices, they said and indications are that buying will continue.
Russian steam coal exports will fall 6.2 percent in 2010 from 2009, according to Kuzbassrazrezugol company director Vasily Yakutov but he did not give reasons for the projected fall.
Senior Russian coal executives said last week that Russian exports would rise slightly to at least 70 million tonnes in 2010 from around 65 the previous year.
TRADES
An April delivery multi-origin coal cargo traded at $74.75 a tonne DES AR on globalCOAL.
An April loading South African 50,000 tonne cargo traded at $83.50 a tonne FOB Richards Bay on globalCOAL.
Two May loading Australian coal parcels traded at $87.00 and $86.00 a tonne FOB Newcastle on globalCOAL.
PRICES
A March delivery coal cargo was bid at $70.00 a tonne DES AR on globalCOAL, down $1.00 from Friday, and offered at $75.25, down 25 cents.
An April DES cargo was bid at $76.00 a tonne for South African only, unchanged from Friday.
An April loading South African cargo was bid at $82.50 and offered at $81.50 a tonne FOB Richards Bay, down 50 cents from Friday.
Source: Reuters
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Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...
Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block.
The nation of India.
India is emerging as a major re-shaping force for ...
Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...
Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...
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- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Economic Council, Georgia
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
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