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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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Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact.
Lower power generation and realisations saw ...
Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
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- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- MS Steel International - UAE
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
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