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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, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...
Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...
Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...
Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...
Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
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- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
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- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
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- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
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- Goldman Sachs - Singapore
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- PNOC Exploration Corporation - Philippines
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- White Energy Company Limited
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- International Coal Ventures Pvt Ltd - India
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- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
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- Central Electricity Authority - India
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- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
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- Mercator Lines Limited - India
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- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
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- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Banpu Public Company Limited - Thailand
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- Sojitz Corporation - Japan
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- Kohat Cement Company Ltd. - Pakistan
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- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
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- Parliament of New Zealand
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- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
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- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
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- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
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- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
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- The Treasury - Australian Government
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- Wilmar Investment Holdings
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- Central Java Power - Indonesia
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- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
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- Toyota Tsusho Corporation, Japan
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- Bhoruka Overseas - Indonesia
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- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
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- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Minerals Council of Australia
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