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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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Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm an ...
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia' ...
Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...
Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...
Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
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- Aditya Birla Group - India
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
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- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
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- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- CNBM International Corporation - China
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
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