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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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Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...
Friday, 26 March 10
CHINA PLANS TO INCREASES IMPORT COAL GREATLY IN 2010
– Asia Pacific Coal Trading & Investment Outlook 2010-
COALspot.com (Press Release): China plans to increase coal import significantly ...
Friday, 26 March 10
NTPC IN TALKS FOR INDONESIAN MINE - LIVE MINT
The deal for the coal mine with 1.8 bn tonnes of reserves may be valued at $1 bn
Live Mint reported that, State-run power utility NTPC Ltd is in ta ...
Friday, 26 March 10
ESSAR GROUP SIGNS DEAL FOR INDONESIAN COAL MINE - BUSINESS LINE
Looking ahead
The coal from the Indonesian mine would provide raw material to the group's power projects
The Aries coal mines acquired by the gro ...
Thursday, 25 March 10
CHINA RAILWAY WINS $4.8 BILLION INDONESIA PROJECT - BLOOMBERG
Bloomberg reported that, China Railway Group Ltd. won a $4.8 billion order from PT Bukit Asam, Indonesia’s state-owned coal producer, for a co ...
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- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
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- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
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- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
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