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Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European utilities said they have no need for prompt coal and limited need for spot material in the second half of the year. One utility source said "If we need anything, you can be fairly sure there'll be Colombian available if nothing else."
Indian buyers are still seeking prompt South African cargoes, mostly at index linked prices but said they were waiting for prices to stabilize at lower levels before making firm purchases.
Suppliers said India growing need for coal imports is unquestionable, despite the current spot buying hiatus.
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“Two March loading Australian coal parcels traded at $ 91.00 and $ 92.00 a tonne FOB Newcastle and a March loading South African cargo was bid at $ 70.50 a tonne FOB Richards Bay”
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Mr DC Garg, chairman of Coal India subsidiary Western Coalfields Ltd said coal imports by state-run miner Coal India Ltd are likely to reach 6 to 10 million tonnes in fiscal year 2010-2011 from 1.5 million tonnes to 1.7 million in the current fiscal year.
He said that "Demand will come out strongly."
Two March loading Australian coal parcels traded at USD 91.00 and USD 92.00 a tonne FOB Newcastle on globalCOAL little changed from levels seen earlier in the week.
A March loading South African cargo was bid at USD 70.50 a tonne FOB Richards Bay with no offer against it unchanged from Thursday.
An April loading South African coal cargo was bid at USD 79.75 a tonne FOB Richards Bay and offered at USD 80.00 down USD 1.00 on the offer.
An April delivery DES ARA cargo was bid at USD 72.00 and offered at USD 72.60 a tonne, unchanged from Thursday.
Source: Reuters / Steel Guru
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Tuesday, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November.
After a sedate year, rising coal prices could hit the coffers of import-based d ...
Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...
Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...
Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...
Monday, 07 December 09
VEDANTA RESOURCES ISSUES TENDER TO IMPORT 2.25 MILLION COAL
COALspot.com (India): Vedanta Resources plc is a London stock exchange listed FTSE 100 diversified metals and mining major with revenues in excess o ...
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- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
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