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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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Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal
FOR power stations on the coast of China, it is often cheaper to ...
Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas
PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...
Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...
Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...
Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
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- Siam City Cement - Thailand
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- ICICI Bank Limited - India
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- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
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- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
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- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
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- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Power Finance Corporation Ltd., India
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- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
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- Merrill Lynch Commodities Europe
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- White Energy Company Limited
- Renaissance Capital - South Africa
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- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- The University of Queensland
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- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
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- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
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- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
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- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
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- Neyveli Lignite Corporation Ltd, - India
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- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
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- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
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