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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, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
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- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Deloitte Consulting - India
- London Commodity Brokers - England
- The University of Queensland
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
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