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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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Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...
Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...
Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
T ...
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- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- GMR Energy Limited - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- PTC India Limited - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
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