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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, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...
Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...
Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs
* To more than double Tarahan port capacity
Reuters reported that, Indonesian state-owned coal m ...
Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources.
...
Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...
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- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
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- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
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