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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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Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
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- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Marubeni Corporation - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Coalindo Energy - Indonesia
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